GSB – Analyzing Personal Financial Statements and Loan Applications

This seminar is designed to strengthen your ability to analyze personal financial statements and loan applications within a simple, logical and consistent framework. It provides the tools needed to build an assessment of an individual’s financial strength as a direct borrower, or as a guarantor of a business loan. This assessment provides the foundation for further cash flow analysis, generally from personal tax returns. Understanding that many banks use an automated process for consumer lending, this program will help participants understand what is happening in the background.

Covered Topics

Current industry trends
Taking the loan application, getting the needed information, and issues with helping the customer complete the schedules
Beyond W-2’s and pay stubs: Tips on how to qualify income and verify employment
Personal financial statement (PFS) overview and eight items bankers should look for
“Three-step” approach to reviewing and analyzing a PFS in an efficient manner
Issues with getting complete and accurate information from the customer
The format does matter: Key features of bank-provided formats for a PFS compared to an accountant-prepared PFS, including assets and liabilities, reported income, and contingent liabilities
How to calculate adjusted net worth and outside net worth

Target Audience
Branch managers, consumer lenders, mortgage bankers, private bankers, small business lenders, credit analysts, loan review specialists, consumer lending managers and credit officers

Richard Hamm, Advantage Consulting & Training

Registration Option
Live presentation $275

Recording available through Feb. 23, 2022


Nov 23 2021


1:00 pm - 2:30 pm



More Info