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504 Loan Program:1st Mortgage Lender & Partnering w/a Secondary Market Lndr

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Kennesaw State University (KSU)

3333 Busbee Drive NW

Kennesaw, GA 30144

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FOR LENDERS ONLY!!! The SBA 504 Loan Program, the First Mortgage Lender and Partnering with a Secondary Market Lender

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THIS TRAINING IS FOR LENDERS ONLY!! ALL LENDERS (BANKS, CREDIT UNIONS, SBA APPROVED LENDERS, NEW SBA LENDERS, POTENTIAL SBA LENDERS, ACTIVE AND INACTIVE SBA LENDERS AND NONBANK LENDERS)

A 504 project has three main partners and generally a Third Party Lender provides 50% or more of the financing. The Third Party Lender is usually a financial institution that provides the Third Party Loan and typically has a first lien on the project collateral.

Capital Partners CDC in Atlanta, Georgia’s highest volume CDC, will enhance your knowledge of the SBA 504 loan program covering:

· Eligible Project Costs

· Structuring a 504

· SBA 504 Loan Terms

· Understanding the SBA 504 Prepayment Penalty

· The new 25-Year Debenture

· Maximum SBA Eligibility (how to use 504 when your borrower has exhausted its 7a eligibility)

· 504 “Green” Loans

· SBA 504 Refinance and 504 Refinance with Expansion

Zions National Real Estate will cover how first mortgage lenders can partner with a secondary market lender, to fund the first mortgage and receive a loan premium on the first mortgage portion of a 504 transaction. He will educate the lenders on the types of projects that are eligible.

Kennesaw State University (KSU) will present information on their services

The SBA Georgia District Office Lender Relations will also present program updates and changes.

SEATING IS LIMITED. REGISTER TODAY!

LUNCH WILL BE PROVIDED

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Date and Time

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Kennesaw State University (KSU)

3333 Busbee Drive NW

Kennesaw, GA 30144

View Map

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