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Updated about 5 years ago,
Commercial loan and after that conventional mortgage
Hi,
I have a few properties I purchased with cash. At this moment I don't have the option to get a conventional mortgage, but in a year from now I will have the option to that.
My question is, that if I have the option to get now a portfolio commercial loan, and one of the terms of the lender is - personal guaranty.
Will this term, will impact on my ability to get a conventional mortgage to purchase my premier residential in the future or not?
Thanks in advance
Aviv