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.