OVERVIEW
In this module, your team will gain the knowledge and skills they need to improve their understanding of the purpose and effect of each loan document and deliver accurate loan documentation
RESULTS & BUSINESS BENEFITS
- Identify the signers required for a loan, and the form their signatures must take
- Recognize the content, purpose, and effect of common loan documents
- Explain the concept of attaching and perfecting a security interest in collateral
- Understand common defects in loan documentation
- Evaluate the purpose and recognize the value of a lien search, title search, and title insurance
- Identify the documents required for various types of consumer, business, and real estate (Home loans)
WHO SHOULD ATTEND
All staff whose work includes completing, explaining, or auditing loan documents for consumer or commercial loans, including
- credit officers,
- loan documentation officers, and
- auditors