WHO SHOULD ATTEND?

This webinar will be of value to anyone involved in the administration of residential construction loans including Lenders, Loan Processors, Loan Review specialists, Compliance Officers, and Auditors.

WHAT YOU WILL LEARN

• Underwriting considerations
• Construction loan agreement with the borrower
• Explanation of residential construction loan documentation
• Using Appendix D to estimate interest on the LE & CD
• TRID requirements for various scenarios
• Appraisal considerations
• Flood insurance requirements for construction loans
• Best practices for managing the disbursement process
• Tips on preparing the borrower for escrow shock

Toolkit Includes:

• Inspection Request & Report
• Construction Draw Schedule
• Construction Loan Checklist
• Sample Loan Estimate and Closing Disclosure completed for various scenarios
• Flood Calculation Worksheet
• Builder Application Procedures