by Steve Mariani | Jun 6, 2014 | Uncategorized
SBA Tip # 10 The “REAL” Story on Seller Notes, Know the Facts By Stephen Mariani How many times have you heard “The SBA requires a seller note on all loans”? Well we want to clear up all the confusion on required seller notes. In short, there’s no such rule (anymore)....
by Steve Mariani | May 8, 2014 | Uncategorized
SBA Tip # 9 Qualifying buyers UPFRONT and saving time By Stephen Mariani There is much controversy surrounding a buyer’s level of qualification. Most potential buyers will explain to brokers that the down payment and/or full selling price is “No problem” for them to...
by Steve Mariani | Apr 9, 2014 | Uncategorized
SBA Tip # 8 The 90% Rule (as we like to call it) By Stephen Mariani If you have been following the SOP rule changes over the last few years you may have noticed this added: The SOP Adds language similar to that found in the appraisal section describing...
by Steve Mariani | Mar 16, 2014 | Uncategorized
SBA Tip # 7 The “Liquidated Collateral Rules” and how they affect your loan request By Stephen Mariani If you have been following the rule changes and tips each month you will remember that last month we talked about securing borrowers collateral when...
by Steve Mariani | Feb 19, 2014 | Uncategorized
SBA Tip # 6 The SBA lender “MUST” secure all available collateral up to fully secured. By Stephen Mariani Actual SOP writing prior to January, 2014. This typically included all properties own by the borrower, all stocks and bonds along with life insurance cash...
