Construction Lending: Part 2 – Commercial Construction Loans
Two hour tele-web seminar September 27, 2012
This tele-web seminar will begin on Thursday, September 20, 2012 at 11:30 AM to 1:30 PM Pacific Time.
The economy is slowly improving. Demand for residential and commercial properties has not been satisfied due primarily to economic uncertainty. Now is the time to prepare for increased construction loan demand by reviewing and re-considering your best practices for effective risk management related to construction loans.
- Project feasibility and economic necessity
- Financial and credit underwriting
- Lien, insurance and other documentation requirements, concerns and pitfalls
- Loan structuring for effective monitoring of progress
- Necessity, content and negotiation of loan agreements
- Pre-closing requirements
- Requirements for funding/draws
- Monitoring requirements and procedures
- The importance of discipline at all stages of the process as a major risk management tool.
Lenders involved in construction lending and administration and those responsible for loan review and compliance.
Bob Ullom, a nationally recognized banking educator, began his career as a CPA who came to banking in 1970 to establish a credit analysis function. Bob has been president of two start-up banks and led both fast growing institutions to profitable, sound status. Since 1989, Bob has provided relevant, “real world” training in over 35 states for bankers associations and individual banks. He is currently presenting a wide variety of seminars dealing with all areas of lending and credit management, management in a changing banking environment, bank directors and compliance.
2.0 total credits
Member price: $250.00 | Non member price $500.00