SBA 504

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SBA 504

Owner-Occupied properties

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Key Features

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Loan Structure

Senior 1st lien mortgaged matched with SBA 2nd lien

Credit Union 1st lien mortgage
Typically a 10-year term on 1st lien
Minimum combined loans of $5 million
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Coordination with the SBA

Certified Development Company collaboration

SBA 2nd lien mortgage
Lower down payments
Helping small business owners with real estate