Private mortgage lenders – any lender for that matter – want to make sure that borrowers not only repay their loans, but also pay them on time, so lenders can deploy their money elsewhere. The best way to ensure repayment is to lend to responsible and competent borrowers who are vested in the transaction. When it comes to private mortgage lenders, to be “responsible” and “competent” means not only being able to put a great investment property under contract, but also to realize your rehab vision on time and within budget. In other words, we want to work with borrowers who are well positioned to make a profit.