Small Business Adminstration 504 Debenture Loan Rates For January 2012
20 Year Fixed 4.950%
Special Refinance Program Rate
20 Year Fixed 5.153%
10 Year Debenture rates are set bi-monthly. The next 10-Year rate will be available in February.
The SBA's temporary refinance program ends in September 2012. If you have a maturing property in your portfolio that may have diminished value or other challenges keeping you from refinancing the loan, please contact us to see if the loan is eligible for this loan program.
Remember:
Property must be at least 51% owner occupied.
The original use of loan funds must be for 504 eligible purposes.
The loan must be current with no delinquencies for the last 12 months.
20 Year Fixed 4.950%
Special Refinance Program Rate
20 Year Fixed 5.153%
10 Year Debenture rates are set bi-monthly. The next 10-Year rate will be available in February.
The SBA's temporary refinance program ends in September 2012. If you have a maturing property in your portfolio that may have diminished value or other challenges keeping you from refinancing the loan, please contact us to see if the loan is eligible for this loan program.
Remember:
Property must be at least 51% owner occupied.
The original use of loan funds must be for 504 eligible purposes.
The loan must be current with no delinquencies for the last 12 months.