This seminar provides the participant with an awareness of common underwriting mistakes which can ultimately lead to problem loans and loan losses. Using charge off analysis of hundreds of charged off loans, the session gives a view of “what were we thinking?” regarding underwriting mistakes. These examples provide great learning moments designed to positively influence future behavior in underwriting activities.
Participants will examine typical areas of underwriting analysis where mistakes can occur. Taking a deeper look at those areas will result in exercising better judgment in achieving the perfect balance of positive cash flow, sufficient and correctly documented collateral, and adequate guarantees in the underwriting process. Among them are:
Target Audience:
Commercial lenders, small business lenders, credit analysts, loan review specialists, lending managers and credit officers