Become a Private Mortgage Lender
Become a Private Mortgage Lender
Have you ever thought of becoming a private mortgage lender? Are you looking to start a new business or to create a new source of income? Private mortgage lending is one of the most profitable business models in the mortgage industry with the lowest risk when done right. Many people don’t know that as long as a borrower closes their loan in the name of an LLC, you don’t need to have a lender license to conduct business in most states in the U.S. Most private mortgage lenders charge 5% - 18% interest rates and have additional upfront fees which makes this is a very lucrative business model. Besides that, private mortgage lenders require borrowers to come in with a minimum down payment of 35% or more which greatly reduces risk and creates other potential profit opportunities. Hi, my name is Joe Correa, and I’m the CEO and founder of Finibi Mortgage, a licensed mortgage brokerage business based out of Orlando, Florida. I’ve closed many private mortgage loans for other lenders and have taught over 30,000 thousand students in 148 countries around the world about mortgages and other financial topics. This is a one of a kind course, you won’t find anywhere else.
The secret to being successful as a private mortgage lender is having the knowledge necessary to increase your profits while reducing your risk by using the strategies I will teach you in this course. Any one can become a private lender but not everyone can do it the right way. In this course, you will learn how to: start and open a new private mortgage lending business, how to set up the loan terms and conditions, what you’re allowed to charge in fees and as an interest rate, Where to access funds to lend if your not going to use your own cash, and how to grow your business. Becoming a private mortgage lender is similar to becoming a hard equity lender but there are some differences which I will explain in this course.
Besides that, you’ll discover what documents need to be completed by the borrower and what closing documents will need to be executed.
Hi, my name is Joe Correa, and I’m the CEO and founder of Finibi Mortgage, a licensed mortgage brokerage business based out of Orlando, Florida. I’ve closed many hard equity and private mortgage loans and have taught thousands of students in 148 countries around the world about mortgages and other financial topics. This course will teach you how you can become a private mortgage lender and profit in any real estate cycle.
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THIS COURSE INCLUDES:
Instructor-led explanations and financial examples
Links with important tools and information you will need
24 hour access to your instructor via the Udemy Q&A messaging portal
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This course will allow you to start a new business as a private mortgage lender using investors money or your own capital.
Don't wait to get this course for the price of a couple coffees. In the future, this small investment will turn into a new income stream and a full time business.
Click on the "buy now" button right now to get started. I’ll see you inside the course!
Learn how private lending works and start a new business lending capital without a mortgage license
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What you will learn
- Learn how private mortgage lending works
- Start a new profitable business from the comfort of your home
- Discover how to profit as a private lender
Rating: 4.75
Level: All Levels
Duration: 1 hour
Instructor: Joe Correa
Courses By: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
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