Construction Loan Management: Administering the Construction Loan Process
List Price
$875
Member Price
$475
Event Id:
698480872
Product code:
371252-25
Format:
Prof. Dev. Course: Virtual
Date:
12/5/2024 - 12/6/2024
Registration Fees
| Members | $475 |
|---|---|
| Nonmembers | $875 |
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Item Details
This virtual course is made up of 2 sessions – each of the 2 sessions is 3 hours and 45 minutes, from 11:00am - 2:45pm ET. Session 1: December 5, 2024, Session 2: December 6, 2024,
Now offered as a virtual course, taking place in a virtual classroom setting, Construction Loan Management: Administering the Construction Loan Process introduces the key components of managing risk in construction lending—from individual loans for building commercial and residential buildings, to lines of credit for residential home builders. This course focuses on the procedures to administer and monitor construction loans, including feasibility studies, appraisals and environmental assessments; inspections, draw requests and advances; title insurance and lien issues; certificates of completion, retainages, and warranty issues.
OBJECTIVES
Construction Loan Management provides the knowledge and skills needed to effectively administer and monitor commercial real estate construction loans, including:
- Identifying the different types of construction projects and key issues associated with each
- Implementing a construction loan approval using the commitment letter and sound administration procedures including feasibility studies, appraisals and construction loan agreements
- Developing summary information about individual construction loans and the entire construction loan portfolio for monitoring by senior management
Construction Loan Management: Administering the Construction Loan Process is designed for community banks and smaller regional banks that do not have specialized construction lending staffs and have construction loans in the $500,000 to $5,000,000 range, as well as intermediate to experienced commercial lenders, real estate lenders, credit officers, and credit analysts.