Learn how the structure of a project affects a construction loan's administration steps and risk profile
Overview: In our last webinar about customizing loan administration based on risk, we outlined how to analyze and assess risk on each construction loan. This webinar follows that trend and focuses on how the structure of a project affects administration steps, in addition to the risk profile.
Presenters: Hear from Richard Hamm with Advantage Consulting, who has been training bankers on commercial lending for over 25 years, and Will Mitchell, CEO of Rabbet, a construction finance platform used by lenders, real estate developers, and service providers.
Target Audience: Commercial lenders, credit analysts and support staff that deal directly with commercial construction loans; mortgage bankers, private bankers, small business lenders, loan review specialists, special assets officers, lending managers and credit officers indirectly involved in the construction lending process
Estimated Program Length: 60 minutes
How does project structure affect things? First, we’ll look at the dynamics of the steps a customer typically takes to develop a property. We’ll see that many steps tend to occur prior to any communication with a lender – steps that affect risk and administration on your end. Second, we’ll see how a certain, prominent customer type usually adds to risk and administration needs.