Private Money Loans also known as Portfolio Mortgages are Non-Conforming mortgages in that they, for any number of reasons, do not conform to the guidelines set by Fannie Mae and Freddie Mac. They may not conform due to loan size, loan product type, amount of cash-out, loan-to-value, income or reserve documentation, credit qualification, property type, or for other reasons. Typically the lender funding a Private Money Loan retains and services the loan in their “mortgage portfolio” for the life of the loan rather than selling the loan on the secondary market. Some Private Mortgages offer low interest rates and payments, while others charge higher interest rates, depending on the loan program and risk factors.

Have a loan that just doesn't fit in the box?  In addition to being a direct lender, Apex Mortgage Solutions has an extensive list of investors who make loans for all kinds of situations.  Call us today to speak with a loan consultant about your unique situation, or REQUEST A QUOTE online and we'll get back to you as soon as possible.