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Updated over 6 years ago on . Most recent reply

Yuri Logvin's profile image
Yuri Logvin's profile image
Yuri Logvin
  • Member since Sep 8, 2018
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Yuri Logvin's profile image
Yuri Logvin's profile image
Yuri Logvin
  • Member since Sep 8, 2018
Connect
Yuri Logvin
1
Votes |
5
Posts
Buying & Selling Real Estate

How to remove mortgage from credit report using land trust

Yuri Logvin
Posted

Hi, all. 

I have few properties under my name and I would like to move them under LLC. I have mortgages on them and trying to figure out the way.

What happens to the mortgage if I do so using land trust? Can I request credit agencies to remove it from my report if I do so? 

Does anyone have experience with quit deed property to LLC directly? How common for bank to call your loan if you deed property to LLC?

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