Kennedy Solar

USDA REAP Loan Purchase

 

Loan Details:

  • 1st Mortgage:
  • $4,575,000
  • Term: 25 years
  • Prepayment Penalty: 10,9,8,7,6,5,4,3,2,1
  • Rate: 10 Year Fixed, Resetting Every 5 Years

Background:

Whether you want to sell the unguaranteed portion of your loan to increase ROI, reduce concentration to one borrower or minimize risk-based capital implications of balance sheeting, you have a secondary market partner in Thomas USAF. We can do more than just purchase the guaranteed portion of your loan at the highest price. Find out if your loan qualifies for our latest program that includes purchase of the unguaranteed portion as well. You may have an opportunity to restructure the loan to increase your prospects of selling the unguaranteed portion. Why sell only 80% when you can sell up to 95% of a USDA loan?