Webinar

Construction Lending: Part 1 – Consumer Construction Loans

Residential construction lending continues to expand slowly, along with the economy. Over the next year, remodeling is expected to outpace new construction.

This program provides an overview of the major issues involved consumer or residential construction lending, primarily to individuals having a home built or remodeled.

Highlights

  • What is construction risk?
  • What additional due diligence is needed, beyond a conventional mortgage application and underwriting?
  • Full construction vs. repair/remodel
  • Construction contract and detailed cost estimate issues (Description of Materials form)
  • Contractor credentials and financial strength
  • Plans and drawings
  • Lot survey
  • Appraisal issues
  • Loan pricing and structuring
  • Typical interest rate and fees
  • Construction loan agreements
  • Issues with draws and inspections, including cost over-runs and lien priority
  • How is the construction loan going to end (get repaid)?.

Audience

Consumer and commercial lenders, mortgage bankers, private bankers, small business lenders, credit analysts, loan review specialists, special assets officers, lending managers and credit officers. Support personnel involved in the administration of construction loans will also benefit.

Speaker

Bob Ullom, nationally recognized banking educator, has been teaching appraisal regulation since 1991 on a nationwide basis.  As president of two successful start-up banks, he brings real-world relevance and up-to-date perspective on new challenges presented by the new guidelines.  Questions and answers will be the order of the day in this fast-paced program

Credit Information

Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Estimated credits: 2 hrs./sessionCLBB. 

Pricing

Live Webinar:

Member price: $265.00 | Non member price $530.00

On-Demand Webinar

Member price: $280.00 | Non member price $560.00

Registration

Online: Visit the CBA Webinar Catalog

Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)

ConferenceEdge
1516 Xavier St., Ste 500, Denver, CO 80204

Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)

Please Note:

  • Preferred Payment Method: Online
  • Please register online or by phone when paying with a credit card
  • Payment Must Accompany Registration – Invoices are Not Provided

Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.

Commands