Personal Gtee for LLC

[Lawrence H.]

Hi BP!

Is it common for refinancing banks to require a personal gtee even if they're lending to an LLC? Isn't the point of the LLC to limit risk to the investor? Additionally, if there is a personal gtee, won't the loan show up in a personal credit report and affect DTI? Understand the lender would want extra protection but they technically already get the property as collateral since they have 1st lien position in the home.