Specialized In Jumbo Loans, Investor Loans, DSCR Loans, Non-QM Financing, Commercial Mortgages, and Tax-Informed Lending Strategies
Published By
David Ghazaryan
Owner / Broker / Banker
Contact Me At
(702) 766-3744
NMLS 1486726
When you change from a sole proprietorship to an S-Corporation, lenders initially see it as a brand-new business due to the new EIN, which creates a perceived risk that can lead to loan denial.
You must bridge the gap between your old and new business entities by providing a clear paper trail, including past tax returns, S-Corp formation documents, and consistent bank statements.
Obtaining a detailed letter from your CPA is a critical step, as it provides authoritative third-party validation that your business operations and ownership remained unchanged during the transition.
Read the full blog article here: https://www.iqratemortgages.com/blog/s-corp-mortgage-in-nevada-get-approved-after-a-business-change
Your smart business change now makes getting a loan harder. I, David Ghazaryan, connect your old business to the new. Your new company number makes you look like a risk. We use your papers to prove it is one business. Lenders can then add your old and new business money. My analysis continues on social media. See links in description.
Read Blog Here: https://www.iqratemortgages.com/blog/s-corp-mortgage-in-nevada-get-approved-after-a-business-change
