I didn't have the credit score to qualify for a mortgage 5 years ago, and the house we were renting was being sold. We found a private lender and paid $150k for

I didn't have the credit score to qualify for a mortgage 5 years ago, and the house we were renting was being sold. We found a private lender and paid $150k for a nice little home in the Austin suburbs - $20k down and 7.9%.. I know, it's a crazy high rate but I'm so grateful that the guy trusted us. My credit score is now > 760 and we're closing this week on a 10-year refinance at 3.5%.