Construction Loans: Framing a Strong Compliance Program
If construction loans are your bailiwick, then you know there are a vast number of regulations governing loan compliance. But do you know exactly what to consider? What documentation should be included in the loan files and what are the important things to verify on each? These and other questions will be answered in this webinar that will be chock-full of expert insight on the construction loan process and provide sample checklists for your toolkit.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Identify risks unique to construction lending
- Complete the applicable disclosures accurately and thoroughly
- Understand closing methods
- Manage administration of draw requests
- Test and audit your construction lending process
WEBINAR DETAILS
Over the last several years the thickness of an average loan file has grown from being measured in millimeters to inches. This is especially true for construction loans. Compliance staff are often responsible for reviewing these loan files either during the underwriting and approval process or in the days after the loan is closed. This jam-packed session will walk through the construction loan process with sample loan scenarios. It will address how to avoid mistakes, dive into the guidance, and review common errors when preparing construction loan documentation.
WHO SHOULD ATTEND?
This informative session is designed for mortgage loan officers, loan processors, compliance officers, and internal auditors.
