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Updated over 6 years ago on . Most recent reply

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18
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0
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Robert Lee
  • Naas, Kildare
0
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18
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How does an LLC apply for a mortgage?

Robert Lee
  • Naas, Kildare
Posted

Hey Guys! 

My partners and I (3 total including myself) run an LLC where we have historically purchased properties in full. We are considering purchasing new properties by financing them. How exactly does an LLC source a mortgage? Is it even considered a mortgage at that point or a small business loan? Would it be like applying for any conventional mortgage but all three partners have to submit info for approval?

Thanks!!

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