Video Transcript:
People use trusts and LLCs for big Florida homes, thinking they offer the same kind of safety. This mistake is common. But how lenders see them creates very different outcomes. I am David Ghazaryan. My work is showing clients how lenders view these structures differently. One is you; one is business. This simple fact is where big money is saved. Lenders often treat an LLC loan like a commercial deal, not a home loan. For a three-million-dollar Miami home, this means paying a much higher interest rate. (Data may vary) The better strategy is simple. Get the loan in your own name first for the best rate. After, move the title into your trust. A federal rule allows this transfer. An LLC protects your personal money from lawsuits tied to the property, which is very important. But this safety shield comes with higher loan costs and stricter insurance rules. This choice shapes your entire financial structure for the property. I explain more of these mechanisms on my channels and website. See the full article through the links in description.
Read Blog Here: https://www.iqratemortgages.com/blog/florida-jumbo-loan-in-a-trust-or-llc-a-miami--naples-guide
