This chapter provides historical context, outlining the development of mortgage finance and the emergence of private credit markets.

This chapter defines private lending, distinguishes it from traditional and hard money lending, and explains its strategic advantages and evolution.

This module breaks down core loan types (bridge, construction, fix-and-flip), introduces key terms, documents, timelines, and the operational flow of a private loan.

This module covers the three primary loan strategies in detail, including underwriting differences, draw schedules, risk factors, and structuring considerations for each.

This module walks through the entire origination process, from borrower qualification and underwriting to appraisal, term structuring, documentation, and closing logistics.

This module dives deeper into underwriting, covering borrower and guarantor analysis, property valuation, project feasibility, key financial ratios (DSCR, LTC/LTV), exit strategies, and risk-adjusted return modeling.

This module covers what happens after the deal closes, discussing servicing platforms, payment collection, borrower communication, workout strategies, foreclosure considerations, and default management.

This module reviews state and federal laws affecting private lenders, including licensing, usury, consumer protection, and exemptions used in real estate business-purpose lending.

This module explains how private lenders grow their business through branding, lead sourcing, building broker networks, digital marketing, investor outreach, and expanding across markets and asset types.

This module explores how technology is reshaping private credit, covering fintech platforms, peer-to-peer lending, blockchain-backed mortgages, digital servicing, and the future of AI in underwriting.