SBA Disaster Loans for Homeowners may not be the best solution at this point based on your overall income
SBA

SBA Disaster Federal Secured Loans.

The Small Business Administration (SBA) and FEMA team up and offer Federal Money in the form of a low interest rate Federally Secured Loan. SBA Manages the process while FEMA funds the money. This is good for many groups of homeowners but can cost you tens of thousands of dollars later if you are not careful.

  • SBA and CDBG DR Duplication of Benefits
    Supervisor

    If you havent read the report published by the Congressional Research Service CRS that was prepared for Members and Committees of Congress report number R44553 then you should. Ill be making many references to this report as well as others.

    SBA Loans
  • You recently registered with FEMA for assistance with your disaster losses
    Writers Pool

    You were told that you had to apply for a SBA Loan to be eligible for possible grants from FEMA. They may have mentioned Vehicle Grants, Home Repair Grants or any number of grants that only FEMA offered but you had to apply for a SBA Loan first.

    SBA Loans
  • SBA Disaster Loan Application No
    Writers Pool

    SBA will follow up with you many times by mail and by telephone to get you to complete your loan application and to sign the agreement for the loan. This is totally up to you if you would like to take the SBA loan now or wait for better options if any.

    SBA Loans
  • What to say when offered an SBA Loan after a disaster
    Writers Pool

    If you were told you needed to apply for an SBA loan to get additional FEMA resources I would say youre a fool if you are above AMI 120, have great credit and a good job. If you say Yes to a Federal Secured Loan you may have lost out on 10s of thousands

    SBA Loans
  • The Total Amount of your SBA Loan will be used against you as DOB even if you only take $1.00.
    Writers Pool

    FOIA: Memo's, associated documents, law references, legal, department emails, exchanges related to this internal document from the Louisiana Office of Community Development - Disaster Recovery Unit that supports this document.

    SBA Loans

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Comments

  • GAP issue a.k.a. Homeowners Responsibility related to Duplication of Benefits.

    Supervisor O.

    GAP issue a.k.a. Homeowners Responsibility related to Duplication of Benefits.

    Read
  • US Bank traps mortgage holders under flood waters by denying forced mortgage payoff letter.

    Supervisor O.

    US Bank traps mortgage holders under flood waters by denying forced mortgage payoff letter.

    Read