(a) Financing supplied by the seller of Undertaking Assets have to be subordinate into the 504 loan. SBA may waive the subordination need if the home is classified as “other real-estate owned” by a nationwide bank or other Federally regulated lender and SBA considers the assets to be of ample https://pearlz455ljg4.blogsumer.com/34823325/503-loan-for-dummies