Personal guarantee's effect on ability to get mortgage

searcher profile

August 01, 2022

by a searcher from Harvard University - Harvard Business School in Washington, DC, USA

I'll likely sign a personal guarantee soon and am wondering if this will negatively impact my ability to get a home mortgage? For example, would a mortgage lender take the PG'd debt into account when calculating how much debt I have prior to acquiring the home?

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commentor profile
Reply by an investor
from Nova Southeastern University in Miami, FL, USA
Typically not...at least in my experience.
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