SBA Mid-Atlantic Region (Region 3)’s Post

Saving for a down payment can feel like climbing a steep hill. But did you know there are options out there to make it more like a gentle slope? Allow me to introduce you to Down Payment Assistance programs. What is down payment assistance? These are aid options that help you with the cash you need for your home's down payment. They come in two forms: grants and loans. 1) Grants - Free money that you don't repay. 2) Loans - Low-cost or no-interest loans, some with deferred repayment or forgivable terms. How do you qualify? Down payment assistance programs are typically offered at the state, county, or city level. Just research what's available in your area, work with participating lenders, and pay attention to terms and eligibility requirements. Curious about which down payment assistance programs you could qualify for? Reach out to learn more– there just might be an option waiting for you to take advantage of. #Yourlocaltwincitiesrealtor

Don't let traditional financing limitations hold you back! Learn how private lending can open doors to new opportunities and help your clients achieve their dream of homeownership. Dive into the secrets now 👇 #PrivateLending #RealtorTips @RealEstatePro@nardotrealtor@TruVestCo @GrantCardone

This isn’t talked about enough. The community management space is rapidly evolving but technology and data transparency lagged behind most other industries. It’s becoming clear that most communities now lack the reserves required to protect homeowners. Boards and Management companies that identify creative lending solutions and use technology to engage and educate homeowners will see their communities experience higher home values as homeowners grow to better understand the risk of being under-reserved. Commercial buildings are rated. Apartments are rated. Communities WILL one day be rated. Thank you Carol Shenk, EBP for this. It needs to be more commonly discussed. #communitymanagement #associationmanagement #condo #hoa #reserves SmartProperty #cincsystems

🏦 Secure Lending Starts with Location 📍🔐 In the world of private lending, location matters more than you think! When evaluating potential loans, don't overlook the importance of safety factors and neighborhood conditions. 🏠💰 ⚖️ Ensure your investments are secure by scrutinizing crime rates, property values, and community stability in the area. 🚓 Access to emergency services is vital for protecting your assets and investments. Research response times and local safety initiatives. 🏡 A neighborhood's overall condition can impact property values and the likelihood of loan repayment. Make sure it's an environment that fosters financial success. Remember, making informed lending decisions is the key to a successful business. 🌟💼 Don't leave anything to chance! #PrivateLending #SmartInvesting 📈🏘️

If community prosperity matters to community lenders, are politicians in the US going to provide regulatory support to enable SMB's to survive and thrive? "78% of small business owners are concerned about their ability to access capital, and just 29% say they can currently afford to take out a loan, given current interest rates. And the issue, if it doesn't ease soon, could result in 21% of small businesses closing, 67% halting expansion plans and 85% altering their growth forecast" #smblending #creditunions https://lnkd.in/drMtxy4u

🏘️ Discover the power of community lending and start saving with rates that usually beat the market!💲 DM or text me today to see if your area qualifies for these incredible savings. #CommunityLending #Savings #LowRates #MortgageBroker #RealEstate

Are you leaving deals on the table because of limited financing options? Don't miss out on the opportunity to help your clients achieve their homeownership dream. Learn how to leverage private lending and close more deals than ever before. #RealEstateSuccess #GrantCardoneTruth @RealEstatePro @nardotrealtor @TruVestCo @GrantCardone

Next City's Oscar Perry Abello covers how the U.S. Treasury's investment in Beneficial State Bank will help us grow our impact. The investment "hearkens back to that older tradition of the public sector taking an ownership stake in the banking system. But it's not for just any bank — to be eligible for the program, in addition to being federally insured depositories, each bank, bank holding company or credit union must be either a Minority-Depository Institution or a federally-certified Community Development Financial Institution." Read more: https://lnkd.in/gStDjq6E

Our Community Lending Program is a pathway to generational wealth! Break the barriers to home ownership and secure your family's financial future. Let's build a legacy together! #CommunityLending #GenerationalWealth #HomeOwnershipJourney #alvarezgarciagroup

Are you leaving deals on the table because of limited financing options? Don't miss out on the opportunity to help your clients achieve their homeownership dream. Learn how to leverage private lending and close more deals than ever before. #RealEstateSuccess #GrantCardoneTruth @RealEstatePro @nardotrealtor @TruVestCo @GrantCardone