A Private Mortgage is a short term interest-only loan. Since it is a shorter term loan, it is best for people who are looking to “flip” a home, have non-confirmable income that is preventing them from obtaining a traditional mortgage, or for people expecting to be able to qualify for a conventional refinance within a few months after acquiring the property.

Contact First Florida Financial, Inc. NMLS # 392021 if you think a Private Mortgage Loan is for you!