How Long Does It Take to Get an SBA Disaster Loan?

How Long Does It Take to Get an SBA Disaster Loan?

The Small Business Administration (SBA) offers disaster loans to help businesses and homeowners recover from declared disasters. But how long does it take to get an SBA disaster loan? The answer depends on the severity of the disaster, the amount of damage, and the number of applications the SBA receives. For major disasters, it can…

How to Get a Commercial Loan for Rental Property

How to Get a Commercial Loan for Rental Property

A commercial loan for rental property is a mortgage loan that is used to finance the purchase of income-producing real estate. Checkout this video: Introduction Commercial loans for rental property are difficult to obtain. Lenders are more cautious about approving loans for rental property than they are for owner-occupied homes. After all, if a borrower…

What is a CEMA Loan?

What is a CEMA Loan?

If you’re a first-time homebuyer in New York State, you may be wondering “what is a CEMA loan?” Read on to learn about this unique mortgage product and how it can benefit you. Checkout this video: What is a CEMA loan? A CEMA loan is a mortgage that is insured by the Connecticut Housing Finance…