Closing in an LLC does allow you to keep your name off of public record and keep the liability of your property with your LLC. However this eliminates the ability to get a government backed conventional mortgage. There is a bit of a loop hole that you can use but it requires some legal maneuvering using a trust and a beneficiary but that is a bit more tricky. If you want to close in an LLC you basically have to use a non conventional (a.k.a non-Qm) loan. Rates are slightly higher but it can be done with full income documentation or without. Book a call on my calendar is you want to discuss your lending options.
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29 сен 2024
