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Updated over 4 years ago on . Most recent reply
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Mortgage Lenders for an LLC
Can anyone recommend a good lender that gives mortgages for an LLC? I can put down the 20% downpayment for a 200K townhouse.
I assume mortgage rates for LLC/investment property are higher than those for an owner-occupied home. Does anyone have a rule of thumb of how high it tends to be?
Thank you.
Ben
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@Ben Shaikh
I use Teg federal credit union for commercial loans.
My rates have been in the 4% range.
I leave in 25%.
15 year term.
I can amortize out to 25.