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Updated about 2 years ago,

David Elliott's profile image
David Elliott's profile image
David Elliott
  • Rental Property Investor
  • Member since Jun 10, 2022
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David Elliott's profile image
David Elliott's profile image
David Elliott
  • Rental Property Investor
  • Member since Jun 10, 2022
Connect
David Elliott
  • Rental Property Investor
1
Votes |
3
Posts
Mortgage Brokers & Lenders

Commercial Loan and Personal Guarentee

David Elliott
  • Rental Property Investor
Posted

How is a commercial loan to an LLC (s-corp) with a personal guarantee considered in a primary residence mortgage application?

I currently have four rentals and a primary. My DTI is around 60%. I'd like to build in a few years and am considering moving my rentals into commercial loan.

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