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Updated over 2 years ago on . Most recent reply

Susan Cowan's profile image
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Susan Cowan
  • Member since Sep 25, 2021
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Susan Cowan's profile image
Susan Cowan's profile image
Susan Cowan
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Susan Cowan
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Private Lending & Conventional Mortgage Advice

Help, how do I get a mortgage in the name of my LLC?

Susan Cowan
Posted

Anyone know how to get a mortgage as an LLC? Am I looking for a conventional, residential, or commercial mortgage? I'm new and I don't get the jargon yet. I need to get the loan in the name of my LLC. No personal loan and then quitclaim deeds for me.

Greenville, North Carolina
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Tim Deimer's profile image
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Tim Deimer
  • Rental Property Investor
  • Member since Nov 1, 2021
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Tim Deimer's profile image
Tim Deimer's profile image
Tim Deimer
  • Rental Property Investor
  • Member since Nov 1, 2021
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Tim Deimer
  • Rental Property Investor
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Tim Deimer
  • Rental Property Investor
Replied
Quote from @Ned Carey:

You are just not talking to the right lenders or possibly the wrong person at a bank.

Just had to throw this out there.....I recently talked to a manager at our local Chase branch who told me Chase doesn't do mortgages on 2-4 unit buildings. I'm sure I was talking to the wrong person but I know why they call the place "Chase". They've been doing it to me since they bought that branch!
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