First off, no bank will underwrite your mortgage for your house if you will own it under a corporate name. It's just too unusual for the bank to think about, an

First off, no bank will underwrite your mortgage for your house if you will own it under a corporate name. It's just too unusual for the bank to think about, and also they lose the ability to place a lien against you personally. Second, what exactly do you accomplish by doing this, except paying a bunch of money in incorporation fees and drafting documents? There's a reason why corporate shell games are usually played by people with relatively deep pockets: all the benefits that come from using corporate law require lawyers and accountants, and those are expensive.