Private mortgages have become more accessible, catering to borrowers who don't qualify for traditional loans. These short-term loans, provided by private lenders, offer flexibility and a simplified approval process, often with higher interest rates. Investors can participate in private mortgages through whole mortgage programs or Mortgage Investment Corporations (MICs), which provide diversified portfolios. These investments appeal to those seeking fixed income and portfolio diversification, with options tailored to various risk tolerances and capital requirements.
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