Real Estate Construction Loans A-Z: Consumer & Commercial Challenges & Common Errors
On-Demand Webinar:
StreamedMay 3, 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
This webinar has been rescheduled from Thursday, April 25 to Friday, May 3.
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.
Presented By
Spencer Fane LLP
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC
