legal · go-v.org

Which 7(a) loans may a Lender securitize?

CFR · 2024-01-01 · US · Title 13

A Lender may only securitize 7(a) loans that will be fully disbursed within 90 days of the securitization's closing date. If the amount of a fully disbursed loan increases after a securitization settles, the Lender must retain the increased amount.

official document · source cfr-2024 · id 13:§ 120.423