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Tuesday, May 13, 2008

Daily Observations - SBA the "BEST" Loan

Why such a sweeping statement?

The answer is with Prime as the Index, and Prime Dropping consistently for the last year, and prime dropping so quickly Borrowers with SBA Loans have benefit ted by the substantial savings over conventional loans which have not moved nearly as quickly.

Secondly, where else can you borrow 90% and get a loan today, with no other collateral needed other than the subject property (providing it appraises at the purchase contract price).

Thirdly, where else can you get a long term rate other than a very expensive Commercial loan that will require at least 25 to 30% down.

Fore more essential fact and eligibility visit SBA Eligibility Requirements

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