Please visit EB5Projects.com for current information on EB-5 Visa Investments and Regional Centers

Question:

0 people likes this

How can I pay my EB-5 loan early? In order to pay the EB-5 investment requirement, I plan to take out a bank loan using property as collateral. The loan term will be more than three years, but I want to pay it off earlier. How can I pay off the loan in a few months and still qualify for EB-5?

0 people likes this

Answers:

June 13, 2014 14:48 Sal Picataggio

Not taking into account your loan agreement with the bank, from a general EB-5 perspective, bank loans are usually acceptable as a source of funds. We would have to review your particular circumstances for an approvable process.

0 people likes this

June 13, 2014 15:34 Ed Beshara

The EB-5 personal funds can derive from a loan based upon personal collateral. Once the EB-5 investment is made it is a separate transaction than the personal loan you have with the bank.Therefore,you can pay back the bank at any time.

0 people likes this