Posted on: 12th Oct, 2010 07:05 pm
How difficult is it to obtain a mortgage for an LLC? Also how difficult is it to transfer multiple mortgags to LLC. Is there a place that can read more or obtain more information about this?
Hi texasteddycal,
Not all lenders are ready to give a mortgage in the name of the LLC. Moreover, if you want to transfer your multiple mortgages to LLC, you need to take the permission of the lenders. You should note that lenders always prefer giving mortgages to individuals rather than LLCs.
Not all lenders are ready to give a mortgage in the name of the LLC. Moreover, if you want to transfer your multiple mortgages to LLC, you need to take the permission of the lenders. You should note that lenders always prefer giving mortgages to individuals rather than LLCs.