plg blog

Can I Sell My House with an SBA Lien?

Foreclosure, Personal Residence, Real Property Liens, SBA, SBA lien home

In general, you will need permission to sell your home if the SBA lender placed a lien when you took out your SBA loan. There are many circumstances under which you may need to sell a home with an SBA lien on it. Here are a few: I am changing jobs and must move out of...

I want to buy a new home. Will the SBA allow me to substitute the lien on my old residence for a new one?

Personal Residence, Real Property Liens, SBA

Yes, it is possible, but the SBA does not have to do so. SBA guidelines do allow a Guarantor to substitute a lien on a new residence in exchange for releasing the lien on the Guarantor's existing residence. However, at a minimum, the following conditions must be...

plg blog

Can I Sell My House with an SBA Lien?

I want to buy a new home. Will the SBA allow me to substitute the lien on my old residence for a new one?

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