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  • Writer's pictureStephen Kirkland, CPA, CMC, CFF

Will A Personal Guarantee Affect Your Next Mortgage?

Updated: Sep 6, 2022

Even though a guarantor may never have to make a personal payment toward the company’s debt, the guarantee may cause issues for the guarantor. For example, a large contingent liability may hinder his or her ability to refinance their home, or to obtain financing for a vacation home, another business opportunity, or a real estate investment.

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