Web© 2024 LendingPad Corp. All rights reserved. Version: 1.92.0 WebSigning a personal guarantee for an LLC mortgage is the same as co-signing the loan. So, in addition to reviewing the items above, the lender will review your personal credit history and assets. And if you personally guarantee the mortgage loan, you're equally liable to repay the debt if the LLC defaults on it.
Lender Liability Update: Recent Cases and Trends - FindLaw
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Personal Liability for LLC Mortgages Nolo
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