Real Estate Construction Loans A-Z: Consumer & Commercial Challenges & Common Errors

Compliance Lending

On-Demand Webinar

StreamedApr 25, 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

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Construction loans are in a category of their own.

They are not like ordinary real estate lending. Creating successful construction loans requires an in-depth understanding of the unique complexities, including lien perfection, disbursement procedures, change orders, cost overruns, and more. Ensure your lending process is complete and compliant with this A-Z webinar.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Understand the mandatory special construction loan documentation and why it is required
Properly create and perfect liens in real and personal property during the construction process
Address problems involving the general contractor and materialmen
Handle loan disbursement procedures and construction monitoring
Explain how to deal with change orders and cost overruns

WEBINAR DETAILS

Real estate construction is perhaps the most complicated type of loan and certainly one of the riskiest. Construction lending requires knowledge of unique lending processes and the ability to manage them. It is a trap for the unwary who think construction lending is simply making a real estate loan.

This webinar will explain the construction lending function from start to finish. It will address both consumer and commercial construction loans along with common challenges and errors. (It will not address the Real Estate Settlement Procedures Act.)

WHO SHOULD ATTEND?

This informative session is designed for staff involved in construction loans, including loan officers, loan operations personnel, compliance staff, attorneys, auditors, and managers.

TAKE-AWAY TOOLKIT

Loan closing checklist (list of the loan documents and other items needed for a construction loan)
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.

TESTIMONIALS

"Webinar was well organized and well presented."

- Meghan, NBT Bank, N.A.

"The speaker was very knowledgeable about the topic, spoke distinctly so that you could understand, and at a level that all participants could easily understand."

- Mark, Touchstone Bank