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Oregon Real Estate Q&A Discussion Forum

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Todd Carson
  • Oakland, OR
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Private Money Lending

Todd Carson
  • Oakland, OR
Posted Dec 3 2019, 16:00

I am considering loaning some money for a "private money" transaction in Oregon.  All of this will go through a correctly licensed mortgage company and individual. 

The borrower will use the money to acquire a property with a home on it.  The home will be the borrower's primary residence.

Does anybody know of potential issues related to foreclosing on a borrower's primary residence with a "private money" loan?

Thanks,

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