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33
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13
Votes
Ryan Fortier
  • Investor
  • Bedford, NY
13
Votes |
33
Posts

Non Recourse loans and credit report

Ryan Fortier
  • Investor
  • Bedford, NY
Posted

Do non-recourse commercial mortgages show up on your personal credit report?

Most Popular Reply

User Stats

260
Posts
199
Votes
Seth Williams
  • Real Estate Broker
  • Winthrop, MA
199
Votes |
260
Posts
Seth Williams
  • Real Estate Broker
  • Winthrop, MA
Replied

This would be best answered by your banker, sometimes they do require a personal guarantee, its all going to depend on what they, being the bank, want. Commercially though the loan is backed by the physical property, but ive seen it done both ways, just double check with them. @Upen Patel, thoughts? 

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