My SBA Loan Pro Podcast

Will An SBA Guaranteed Loan Require That I Pledge My Personal Residence As Collateral


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Not every individual obtaining an SBA guaranteed loan is required to pledge their personal residence or any other real estate owned as collateral.

However, banks, credit unions and non-bank lenders are required by the SBA’s Standard Operating Procedure manual to take the applicants personal residence or other real estate owned as additional collateral on non-real estate loans where there is a shortage of collateral.



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More ThinkSBA Resources

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⁠⁠https://mysbaloanpro.com⁠⁠⁠ - My SBA Loan Pro Podcast
⁠⁠https://youtube.com/@thinksba⁠⁠ - YouTube Channel

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My SBA Loan Pro PodcastBy Ryan Smith

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