09-03-2018, 10:35 AM
How does the better-than-market interest rate get you into a new house immediately? Sellers don't take into account the terms of a buyer's loan. As for pocketing the difference, they could keep their insurance payout (free from interest) or be forced to have it applied to a new loan (at low interest). Still no sign that taking out a SBA loan allows them to profit as opposed to keeping their insurance money, other than they can purchase something sooner rather than later.