Private mortgages are not hard to qualify for, because lenders are more focused on making money in form of interest from the money they give. But even with that said, private money lenders (depending on the company or individual you are dealing with) have their minimum requirements that borrowers...
As a prospective home buyer goes about obtaining the necessary loan to make their purchase, they'll often weigh their options to the best of their ability to decide which sets of terms are best for them. They might consider adjustable-rate versus fixed-rate mortgages or whether they should lock down...