Consumer Loan Underwriting 101
On-Demand Webinar
StreamedJun 13, 2024Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
All consumer lenders must have a keen understanding of the governing regulations and possess fundamental skills.
This webinar will cover a
bountiful abundance of consumer lending topics, including loan purpose, policy
and procedure, loan application and interview, repayment sources, underwriting,
collateral, calculating debt-to-income and loan-to-value ratios, lending
ethics, privacy, and more! Don’t miss this one-stop shop for the basics of
consumer lending.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Identify the types of consumer loans and their purposes
- Comprehend your financial institution’s loan policy and procedures
- Complete a successful loan interview and take a complete loan application
- Identify the primary and secondary sources of repayment
- Understand the basics of loan underwriting, including calculating debt-to-income and loan-to-value ratios and credit scoring models
- Take collateral to secure the loan
- Have a working knowledge of consumer lending regulations
- Recognize the most common errors in consumer lending
WEBINAR DETAILS
This program will dive into the basics of consumer
lending, whether your financial institution manually underwrites loans or uses
an automated credit decision model. It will cover typical loan policy content
and types of consumer loans, including mortgages, installment loans, and
revolving credit.
You’ll learn to compliantly conduct a comprehensive loan
interview and thoroughly complete a loan application. Underwriting basics will
be provided with examples of calculating debt-to-income and loan-to-value
ratios, reading credit reports, and using credit scoring models. You’ll
discover how to take collateral to secure your loan, including determining the collateral’s
owner, perfecting your interest, and monitoring.
In addition, this presentation
will contain an overview of the key consumer loan regulations, address the
basics of lending ethics, explain the critical nature of confidentiality, and
help you avoid the most common errors in consumer lending.
WHO SHOULD ATTEND?
This informative session
is designed for those new to consumer lending or anyone looking for a refresher
on the basics.
TAKE-AWAY TOOLKIT
- Glossary of consumer lending terms
- Summary of consumer lending regulations
- Sample consumer loan policy outline
- Debt-to-income worksheet
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
RiverPointUSA LLC
© 2025 FINANCIAL EDUCATION & DEVELOPMENT, INC