Business-purpose loan program
LLC Investment Property Loans in New Jersey
Lendiqo makes business-purpose loans to LLCs and other entities that own New Jersey investment property. Here's how entity lending works and what we need from your company.
Why lend to an LLC
Investor loan products such as DSCR rental loans, fix and flip loans, bridge loans and construction loans are designed to be made to entities. Closing in an LLC keeps the investment separate from your personal finances and keeps your books cleaner.
Will I sign personally?
Usually yes. Most business-purpose lenders require members who own a significant share, often 20–25% or more, to sign a personal guarantee and pass credit and background checks. Ask about limited or non-recourse options.
Plan your vesting before you buy
Buying in your own name and deeding the property to your LLC later can trigger the mortgage's due-on-sale clause and add title and transfer costs. If you're going to hold it in an LLC, vest it that way at closing.
Program terms
We publish only confirmed terms. Pricing depends on your credit, experience, leverage and the property, so ask a loan officer for current terms.
| Eligible entities | [CONFIRM: Eligible entity types (LLC, corporation, LP, trust?)] |
|---|---|
| Guarantee requirement | [CONFIRM: Ownership % that must guarantee] |
| Non-recourse option | [CONFIRM: Whether non-recourse is offered] |
| Foreign or out-of-state LLCs | [CONFIRM: Out-of-state entity policy] |
What you'll need
- Certificate of formation from the NJ Division of Revenue and Enterprise Services
- Operating agreement showing members, ownership and signing authority
- EIN confirmation letter from the IRS
- Current certificate of standing
- W-9 for the LLC
- Government ID for each guarantor
- Bank statements showing reserves
New Jersey notes
New Jersey limits prepayment penalties on many residential mortgage loans made to individuals. Business-purpose loans made to an LLC are generally treated differently, which is why investors often close DSCR loans with prepayment schedules in an entity. Have your attorney confirm how it applies, and keep your LLC's annual report current, because a lapsed entity can delay a closing.
For more detail, read our guide: Why Real Estate Investors Borrow Through an LLC in New Jersey.
LLC Loans across New Jersey
We make LLC loans in all 21 counties. Choose a county to see local considerations.
- LLC loans in Atlantic County
- LLC loans in Bergen County
- LLC loans in Burlington County
- LLC loans in Camden County
- LLC loans in Cape May County
- LLC loans in Cumberland County
- LLC loans in Essex County
- LLC loans in Gloucester County
- LLC loans in Hudson County
- LLC loans in Hunterdon County
- LLC loans in Mercer County
- LLC loans in Middlesex County
- LLC loans in Monmouth County
- LLC loans in Morris County
- LLC loans in Ocean County
- LLC loans in Passaic County
- LLC loans in Salem County
- LLC loans in Somerset County
- LLC loans in Sussex County
- LLC loans in Union County
- LLC loans in Warren County
Local markets
LLC Loans: frequently asked questions
Can a brand-new LLC get a loan?
Yes. Lenders look mainly at the property and the guarantors' credit and experience, not the age of the entity. You'll need your formation documents and EIN.
Do I need an operating agreement?
Yes. Lenders and title companies need to see who owns the LLC and who can sign the loan documents.
Can my LLC have partners?
Yes. Members with significant ownership usually guarantee the loan, and the operating agreement must authorize the signer.
Can I transfer my personal property into my LLC?
You can, but it may trigger your existing mortgage's due-on-sale clause and transfer costs. Talk to your attorney, or refinance into the LLC with a business-purpose loan.
Do you lend to individuals?
No. Lendiqo makes business-purpose loans to entities on non-owner-occupied investment property only.
Other loan programs
DSCR Rental Loans
30-year rental loans for purchases and refinances that qualify on the property's rent instead of your personal income.
Learn more →Fix & Flip Loans
Short-term purchase and rehab loans for 1–4 unit investment properties, with renovation money released in draws.
Learn more →Bridge Loans
Short-term financing to close fast, reposition or lease up a property before long-term financing.
Learn more →Multifamily Loans
Acquisition, value-add bridge and construction financing for 5+ unit apartment buildings.
Learn more →Mixed-Use Loans
DSCR and bridge financing for buildings with apartments over stores or offices.
Learn more →Construction Loans
Non-bank financing for land, site work and vertical construction, funded in draws.
Learn more →Ready to talk about a deal?
Send the basics on a property and a loan officer will follow up. You'll hear back from a person, not a call center.