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Updated about 14 years ago,

User Stats

292
Posts
164
Votes
Steve M.
  • Realtor
  • Gallatin, TN
164
Votes |
292
Posts

Conventional Lenders for LLC's - With Personal Guarantor

Steve M.
  • Realtor
  • Gallatin, TN
Posted

Hey Guys ....

Basics:
My Credit Score: 720+
Income: $100k+

My LLC owns 2 properties outright - there is no note on either.

Looking to start financing a few properties, and walked in to BofA today to speak with a Mortgage Consultant. Within 2 minutes, they told me BofA doesn't loan to LLC's even with a personal guarantor.

My question is this ... What "large" banks (ie: Suntrust, 5/3rd, Wells Fargo, etc...) loan to LLC's that have a personal guarantor (me) ????

Currently only have 1 mortgage which is my current residence.

Thanks!

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