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Updated almost 2 years ago on . Most recent reply

User Stats

33
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9
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John Roberts
  • GA
9
Votes |
33
Posts

Do all Private Lenders require you to be an LLC

John Roberts
  • GA
Posted

I recently spoke with Kiavi about getting a loan and they told me that they only loan to LLC's. Is this the case with all lenders? Any recommendations?

Thanks.

  • John Roberts
  • Most Popular Reply

    User Stats

    253
    Posts
    155
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    Brandon Beardt
    • Lender
    • La Crescenta, CA
    155
    Votes |
    253
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    Brandon Beardt
    • Lender
    • La Crescenta, CA
    Replied
    Quote from @John Roberts:

    I recently spoke with Kiavi about getting a loan and they told me that they only loan to LLC's. Is this the case with all lenders? Any recommendations?

    Thanks.

     Hi John,

    No, not all private/commercial lenders require you to close in an entity, though I'm sure most prefer it for business purpose transactions. I know of a few lenders that will allow you to close in your individual name depending on what you're looking for. What type of loan are you trying to get?

  • Brandon Beardt
  • [email protected]
  • 818-726-2418
  • Loading replies...