plg blog

SBA Has a Lien on My Home. If I Default will I Lose My Home?

Foreclosure, Real Property Liens, SBA, SBA lien home, SBA Offer in Compromise, SBA-loan-default

In many states, it is standard practice for an SBA lender to ask a loan guarantor to pledge their home as collateral in connection with their unconditional guaranty. If the business loan you guarantee goes into default, your homestead could be at risk of foreclosure....

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...

plg blog

SBA Has a Lien on My Home. If I Default will I Lose My Home?

Can I Sell My House with an SBA Lien?

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