Webinar

Consumer Construction Loans
Residential construction lending continues to expand, along with the economy.

As housing recovers, remodeling has become more active also.

This program provides an overview of major issues involved in 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, cost over-runs and lien priority
  • How is the construction loan going to end (get repaid)?

Audience

Consumer and commercial lenders, credit analysts and support staff, mortgage bankers, private bankers, small business lenders, loan review specialists, special assets officers, lending managers and credit officers.

Speaker

Richard Hamm has been training bankers for more than 24 years, specializing in all phases of commercial lending and credit, including portfolio and risk management, commercial real estate and appraisals, plus selling and negotiating skills. He owns/operates Advantage Consulting & Training after a 22-year banking career including senior positions in lending and credit.

Credit Information

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

Pricing

Live Webinar:

Member price: $275.00 | Non member price $550.00

On-Demand Webinar

Member price: $295.00 | 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