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Updated over 8 years ago on . Most recent reply

Account Closed
  • Investor
  • Plano, TX
0
Votes |
10
Posts

Rental SFR held in TX LLC - Local Lenders (Non HML)

Account Closed
  • Investor
  • Plano, TX
Posted

Are there any local banks (in DFW) that lend on rental properties held inside LLC.

We used to work with a mortgage banker who had to move out of DFW so looking to see if others have any contacts / recommendations

Have tried  BOA, Chase and LegacyTexas / Viewpoint without much luck.

Most Popular Reply

User Stats

30
Posts
40
Votes
Ryan Johnston
  • Investor
  • Garland, TX
40
Votes |
30
Posts
Ryan Johnston
  • Investor
  • Garland, TX
Replied

Pavan,

We're used Legacy Texas/Viewpoint, but you have to already be a banking client. They don't advertise that they do portfolio loans, but they do if you're a client. @Jason Hirko, if he's asking for the same reason I needed to know, he's looking for a long-term mortgage not HML that avoids ever having the property in his personal name. For optimum privacy and asset protection, it's best if the title trail never actually has your name in it. Just some thoughts there!

Jason Hirko

Jason Hirko

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