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PPP LOANs FOR REALTORS

FEMBi is proud to announce that we are now an SBA Approved Lender authorized to help eligible borrowers receive federal aid via the Paycheck Protection Program (PPP) loan. The PPP was created to replace lost income as a consequence of the COVID-19 pandemic. Regardless of how you file your taxes, Real Estate Agents may qualify for up to $20,833. In fact, any self-employed person, independent contractor, or own a small business owner may qualify for this fully forgivable loan. If you were denied by, or never heard back from your bank apply now by clicking the button below to complete the quick easy application, and we will do the rest.
Remember, this loan is FULLY FORGIVABLE for Self-Employed individuals, Independent Contractors and Sole Proprietors. If you’d like to quickly estimate your loan amount, divide your 2019 Net Income (Schedule C Line 31) by 12 and multiply it by 2.5. For businesses, calculate your average monthly payroll (excluding 1099 employees) and multiply it by 2.5. Funding is capped at $10 million for businesses and for individuals, the maximum loan amount is $20,833.

Get your application in before August 8th, 2020 if you would like to be considered for the program.

 

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First Equity Mortgage Bankers, Inc. (FEMBi Mortgage) NMLS#162197, is a fully diversified mortgage bank. We finance the purchase and refinance transactions through Conforming, Non-conforming, FHA, VA, and USDA/Rural loans.

DISCLAIMER: FEMBi Mortgage has no affiliation with any government agencies or lenders. If you stop paying your mortgage, it may impact your credit.