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Private Lending & Conventional Mortgage Advice

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Aviv Berkovitch
  • New York City, NY
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Commercial loan and after that conventional mortgage

Aviv Berkovitch
  • New York City, NY
Posted Nov 15 2019, 06:26

Hi,

I have a few properties I purchased with cash. At this moment I don't have the option to get a conventional mortgage, but in a year from now I will have the option to that.

My question is, that if I have the option to get now a portfolio commercial loan, and one of the terms of the lender is - personal guaranty.

Will this term, will impact on my ability to get a conventional mortgage to purchase my premier residential in the future or not?

Thanks in advance

Aviv

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