Understanding private money lending starts with speaking the same language.
This vocabulary list breaks down the most important terms you’ll see when evaluating deals, reviewing paperwork, and talking with borrowers — explained in plain English, not legal jargon.
Inside this vocabulary list you’ll learn:
• Core private money lending terms
• Deal math terminology (LTV, ARV, per diem, etc.)
• Paperwork language every lender must understand• Rehab & draw-related terms
• Exit and payoff terminology
📌 Why this matters:Many lenders get confused or misled simply because they don’t fully understand the terminology being used. Clarity = confidence, and confidence leads to better lending decisions.
👉 Action Step:Review the vocabulary list before moving on to deal breakdowns. Bookmark it and come back to it often — this is a reference you’ll use repeatedly.
This is a foundational resource inside Skool and will make every future lesson easier to understand.