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Updated about 2 years ago,

User Stats

34
Posts
12
Votes
Donnell Jackson
  • San Diego, CA
12
Votes |
34
Posts

Getting Mortgage Under My LLC

Donnell Jackson
  • San Diego, CA
Posted

So i recently started my own LLC that I plan taking mortgages on my rentals with. I understand that the mortgages will still be under me ultimately but how do I go about applying for one under the name of my company? Is it the same as applying for one as if I were getting one for my primary residence? Additionally do I have to do the mortgage as an investment property if I were to purchase through my LLC? That question is aimed at trying to avoid putting down as much money as I can. The lenders I have looked at so far require a 20% down payment on investment properties.

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