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Updated over 4 years ago on .

Felix Stone's profile image
Felix Stone's profile image
Felix Stone
  • Rental Property Investor
  • Member since Jun 7, 2020
Connect

User Stats

35
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18
Votes
Felix Stone's profile image
Felix Stone's profile image
Felix Stone
  • Rental Property Investor
  • Member since Jun 7, 2020
Connect
Felix Stone
  • Rental Property Investor
18
Votes |
35
Posts
Buying & Selling Real Estate

Should I mention my current LLC loan in new LLC loan applications

Felix Stone
  • Rental Property Investor
Posted

Hi - I have a loan in a LLC currently where I have given personal guarantee and now I am applying for a new LLC loan with a new bank. I know LLC loans dont show up on my personal credit.

I was wondering if mentioning the current loans increase or decrease my chances(or getting better terms) of getting a loan with the new LLC.

I have a W2 job and no personal loans and >800 credit score.

Thanks all

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