Can I obtain a mortgage with my LLC?

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If you are a savvy investor then you probably have a LLC to carry some of the investment properties you have. Yet in using this entity to protect yourself both financially and legally you may be running into problems obtaining financing for your investment properties. Getting a loan through your LLC is possible - here are some of the ways to do it.

When obtaining a loan for your LLC, you are going to have to go full doc. You will have to show that you have sufficient assets and sufficient income. Lenders/investors will want to see that you are not attempting to hide things from them. As stated before, the savvy investor knows that LLC's are for asset and legal protection. Banks know this as well.

The documentation you need to get a LLC loan is not much different from a regular full documentation loan. You will just need proof of the LLC along with other pertinent information that the bank/investor will request.

Another factor for obtaining a mortgage with your LLC is the overall loan to value (LTV). While most home buyers may be able to obtain 100% financing in various ways, LLC's are limited to 90%. Though 90% mortgages in the name of a LLC are expensive - running up to 10%, if one is willing to put 20% down, then a LLC can get into interest only loans for as low as 7%.

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Interest Only & Pay Option from $650K to $40 Million

Feeling Like a Square Peg in a Round Hole? Super Jumbo mortgage lending is a highly specialized field, requiring a level of expertise gained only through the experience of handling a large number of multi-million dollar transactions.  If you're tired of lenders trying to "fit" your unique financial needs into their conventional lending comfort zone, consider becoming a Private Client of R1.

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April 3rd, 2007

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Interest Only & Pay Option from $650K to $40 Million

Feeling Like a Square Peg in a Round Hole? Super Jumbo mortgage lending is a highly specialized field, requiring a level of expertise gained only through the experience of handling a large number of multi-million dollar transactions.  If you're tired of lenders trying to "fit" your unique financial needs into their conventional lending comfort zone, consider becoming a Private Client of R1.

Get More Information from the Super Jumbo Experts. Call (800)290-4770 or Fax (800)517-7095

Where is Your Home?   How Much is it Worth?
How Can We Help You?   Desired Loan Amount
Your Last Name   Your Phone Number --
 I have read & agree to the site's terms & conditions
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