Venue
Virtual Event

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Event Date Mon Sep 14 CDT - Thu Sep 17 CDT (about 4 years ago)
In your timezone (EST): Mon Sep 14 9:00am - Thu Sep 17 6:00pm
Location Virtual Event
Region Americas
Details

Make informed credit decisions by developing your ability to evaluate a consumer loan request. This program covers the application process, financial statement analysis, credit analysis, loan structure, compliance, documentation procedures and closing. Topics covered include:

Day 1:
• Consumer loans compared to residential and business loans
• The five C’s of credit
• Consumer Financial Protection Bureau, state and FDIC rules & exams
• Types of consumer loans
• Bank and non-bank competitors and products

Day 2:
• Capacity / Cash Flow
- Sources of income, gross up concept, non-recurring income
- Impact of rental income and debt ratios
- Tax return review and analysis
- Contractual Indebtedness
- Personal cash flow analysis
- Qualified mortgage and ability to repay
- Debt to income calculations (Case studies)

Day 3:
• Credit History
- Review Experian, Trans Union and Equifax
- Impacts to a credit score
- Credit scoring models for loan approvals, examples, pros/ cons
- Pricing scoring models, examples, pros and cons
• Collateral
- Types, regulatory loan to value
- Doc checklist examples and review
• Loan policies and procedures
• Loan application review and decisioning (group projects)
• Improving consumer loan sales & best practices
• Loan compliance
• Regulatory hot topics

Day 4:
• Bank troubles and issues (examples)
• Class summary & wrap-up
• Certification exam

Speakers

2020 Speakers

Robert L. Page
CenterState Bank, National Association

Mandy Snyder, CCBCO
Independent Community Bankers of America