Construction Loans: Framing a Strong Compliance Program

This is especially true for residential construction loans. Compliance staff are often responsible for reviewing these loan files either during the underwriting and approval process or in the days after the loan is closed. But with so many regulations governing loan compliance, what exactly should you be looking for? What documents need to be in these files and what are the important things to verify on each? In this jam-packed session we will walk through the construction loan process with sample loan scenarios. We will discuss how to avoid mistakes, dive into the guidance, and review common errors made when preparing construction loan documentation.