Refinancing rentals and second homes, answered plainly
Refinancing an LLC-owned rental
Plain answer
Most conventional loans are made to individuals, so a rental held in an LLC may need to be deeded back or financed with a commercial or non-conventional loan. Talk to a lender and an attorney before changing title.
Last reviewed against the primary sources listed below.
Ask
- Do you lend to entities?
- Would title need to change?
Landlords also ask
Can I get a conventional loan on an LLC-owned rental?
Usually not without changing title.
What other options exist?
Commercial or non-conventional loans.