|Event Date||Mon Jan 11 EST - Fri Jan 15 EST (9 months ago)|
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.
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