Today’s article was written by Steve Biderman – a specialist in ‘B’ lending and private mortgages with The Mortgage Masters.

As a ‘B’ specialist and private mortgage lender, I have noticed many in my area of business easily become disenchanted, almost disdainful of their clients; as if somehow the financial need of their audience is related to morality or trustworthiness.

My view is different. I understand that bad things may happen to good people. Sometimes life gets in the way of a good working plan.

If the bank doesn’t want to speak with you… if alternate lenders are not interested… if all seems hopeless but selling your home isn’t an option… a private mortgage may be your only hope… hence, “I lift my lamp beside the golden door!”

Find a private lender that understands. Find a private lender that doesn’t judge. Find a private lender that is focused on getting you back to a ‘regular’ mortgage. Find a private lender who spends more time listening than talking.

A private mortgage loan does not have to be the last stop on the way to Palookaville! It can be the first stop on the way to a financial renaissance. Just make sure you are dealing with the right lender.

Most people know if they are being heard… or ignored. You’ll know too.

Related article: These seven factors affect your mortgage approval

Tip of the Day

Don’t drive over the speed limit. You’ll save money on gas and on the wear and tear of your car. Makes sense.

— Money Matter № 119
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