Loan collateralized by shares of an LLC that owns property

[Tiffany Shan]

Hi-

Seeking to give out loans to property owners who hold the property in an LLC (multi-member, if that's relevant at all). For anyone's who's done this...

-Does it make a difference if the loan is made out to the LLC versus to the individual? Is the former simpler to set up from a regulatory perspective?

-If the loan is secured by shares in the LLC that owns the house... does that count as a personal loan or a mortgage?