LLC Loan

[Marc Heflin]

Which banks give loans to LLC to buy SFH? I am having issues trying to find a bank that will even take an application from an LLC. Am I talking to the wrong people? (Wells Fargo, Bank of America), or am I just talking to the wrong department? If I want to look at 5+ units then they will send me to their commercial section.
I want the loans in the name of the LLC, but as the LLC builds credit I don't mind backing them up. I do not want to have all the loans in my name forever though.