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Updated over 6 years ago,

User Stats

9
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0
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Jeff Goff
  • Saratoga Springs, UT
0
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9
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LLC mortgage then buy Personal Residence

Jeff Goff
  • Saratoga Springs, UT
Posted

My wife and I are set to close on our first purchase in 2 weeks. We would also like to set a contract to build a home with a personal mortgage as well. Does the LLC loan count against our ability to qualify for a personal residence? The LLC loan is a commercial loan from a local bank. Going conventional financing route for the personal residence.

Thanks in advance for your help.

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