Private lending is one option to review when conventional financing does not fit, often for a specific, short-term situation. It is never a default or a first choice, and it is not right for everyone. If you are weighing it, these are the questions to ask, print this and take it to any lender so you can compare the answers side by side.
Ask for the full cost, including the lender fee, broker fee, and legal, not the rate alone.
Most private loans are short term. Know the maturity date and what happens when it arrives.
The exit is how you pay the loan off: moving to conventional financing, selling, or refinancing. Know how and when.
Setup, renewal, prepayment, and discharge (the fee to pay the loan out and clear it from title). Ask what each is before you sign.
Understand the risk if timelines slip, the market shifts, or a renewal is needed.
Ask whether a conventional option fits before private is considered at all.
A specific all-in cost, a defined term and maturity date, a realistic exit, and fees spelled out in writing. If the deal can answer these plainly, you can weigh it with a clear picture.
No clear exit, a term that does not match your plan, vague costs, or pressure to move quickly. When the answers stay fuzzy, it is a sign to slow down and review conventional options first.
Bring us your situation and we will review the financing paths with you, including whether private lending fits or whether a conventional option is the better route. A licensed member of our team will follow up.
Start a conversationInformation here is general and educational. It is not financial, legal, or lending advice, and it is not an offer of financing. Private lending is one option to review and is not suitable for every situation. Any figures are illustrative only. All financing is subject to lender review, property review, and supporting documentation. Submission of a form does not guarantee approval or financing.