CC_GO_100.2 Commercial/Multifamily Origination and Underwriting
MBA Member Price: $0.00
Nonmember Price: $79.00Purchase
This is a commercial/multifamily course.
The commercial/multifamily loan cycle begins when a property owner or prospective borrower approaches a loan originator seeking financing for a new property, or for an existing property. The prospective borrower submits required documentation to the loan originator or potential lender for underwriting. Once this comprehensive review of the loan application, property performance, and applicant capabilities is completed, the underwriter determines the economic viability of the project and makes a recommendation of whether to grant the loan. This recommendation is then considered by the lender's loan approval or investment committee.
CMF Origination and Underwriting evaluates the first few phases in the loan cycle and their impact on servicing. It begins with a look at the origination process and then examines the underwriting process, including the underwriter's due diligence review. Finally, at the end of the course, the process by which a loan may be approved is reviewed.
Seat time approximately one (1) hour.