One thought on “What Forms of Collateral Are Needed for Disaster Loans?

  1. Arti says:

    In presidential declarations, Business Physical Disaster Loans over $25,000 must be secured to the extent possible. Disaster loans provided to businesses fall into two categories: Business Physical Disaster Loans and EIDLs. Real Property Loans provide creditworthy homeowners located in a declared disaster area with up to $200,000 to repair or restore the homeowner’s primary residence to its pre-disaster condition. Real Property Loans provide creditworthy homeowners located in a declared disaster area with up to $200,000 to repair or restore the homeowner’s primary residence to its pre-disaster condit

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