Borrower may not use an oral statement of SBA to contradict or alter the written terms of this Note.
What the SBA customer representative says or what your loan officer says will not change the LAA section that is the loan note. Be sure you understand and read your LAA and understand your promissory note.
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By Murray Wennerlund published 10-23-2022 updated 10-23-2022

Economic Injury Disaster Loan (EIDL) when you call and talk to the SBA be sure you understand what is in your SBA FORM 147 B (5-00) "NOTE".

8. GENERAL PROVISIONS:

E) Borrower may not use an oral statement of SBA to contradict or alter the written terms of this Note.

Why is my mortgage company holding back my disaster insurance claim payout money?

By Murray Wennerlund

If your insurance company issued a two-party check for hurricane damage repairs and your mortgage handler is holding the money from you it is likely they need you to provide them with your recovery and repair plan before they will disperse the funds.

The 6-month CDBG-DR Grant Process timer for your state started on 1-21-2025.

By Murray Wennerlund

Stay informed and become your own advocate for disaster damage not covered by insurance and other means. Unused disaster funds from 2023 will be applied to 2024. However, for most of you in 2023, your program is not over and you should be very active.

Fire, smoke blocking and air sealing between floors in a home.

By Murray Wennerlund

When a duct passes through a second-story floor, across an 18-inch space, and vents into a drywall ceiling below, there are a few critical steps to follow to ensure proper sealing, fireblocking, and structural integrity.