Private money loans come from individuals rather than institutions. 1st Option Title handles the title work and closing for transactions funded by private lenders, ensuring proper documentation and lien protection for all parties.
Private money loans come from individual investors, friends, family, or private lending groups. They're typically more flexible than hard money but still require proper title documentation. The lender needs a lien position, and the borrower needs clean title.
We prepare the note and deed of trust, coordinate with the private lender, handle escrow, issue title insurance, and ensure the lien is properly recorded. We also help private lenders understand the title insurance process and how to protect their investment.
Contact 1st Option Title to discuss your transaction.