PPP Forgiveness: New Short Form for Loans $50K or Less

Written by Florida Condotel Mortrgage on October 9, 2020. Posted in Florida Condotel Mortgage.

Businesses with Paycheck Protection Program (PPP) loans of $50,000 or less can now submit a forgiveness request using a form that’s less than two pages long. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM and fixed rate first mortgage on a Florida condotel, secondary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.

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