Loan for a house owned by LLC

[Jeni Lu]

Hi! I have a rental house that is owned by an LLC. I was told by one bank that I would have to get a commercial loan because the house is owned by an entity, and not a person. How do commercial mortgage loans compare generally to personal mortgage loans? The bank rep said that commercial loans are typically due in full after 5 years? Can anyone verify this? That would be so much tougher than the typical 15 or 30-year loan!