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Updated over 4 years ago, 09/26/2020

Mitchell R.'s profile image
Mitchell R.'s profile image
Mitchell R.
  • Member since Apr 24, 2020
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14
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5
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Mitchell R.'s profile image
Mitchell R.'s profile image
Mitchell R.
  • Member since Apr 24, 2020
Connect
Mitchell R.
5
Votes |
14
Posts
Private Lending & Conventional Mortgage Advice

Landlord EIDL application

Mitchell R.
Posted

The eidl loan appears to have a low interest rate.  Can I use this loan to apply to my mortgages?  Will it be difficult to qualify for a eidl loan that will pay my mortgages in full?  It seems the loan is 30 years at maturity with a 3.75% rate.  This seems like a good opportunity to recategorize my debt.  My K1 shows a loss, will this affect my ability to get a loan?

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