House Hacking

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Tori Magers
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House Hack into an LLC

Tori Magers
Posted Jul 29 2022, 12:20

Hello! I purchased a home about 4 years ago that I house hacked and now rent out. I want to move my mortgage into my LLC to limit my liability on the property. I was told by my mortgage provider to send the LLC Operating Agreement and the legal team would make a decision and let me know. I received the determination that FNMA (Fannie Mae) servicing guidelines do not allow for a transfer of ownership interest into an LLC. Anyone have advice on how I can do this?

Salt Lake City, Utah

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