CONSTRUCTION LENDING - Two Part Series
Speakers:
David Kemp - President, Bankers Management, Inc.
Bob Ullom - President, R.V. Ullom & Company

Construction lending is primarily about risk management. The first step is understanding that much of your bank’s risk depends on the performance of others outside your direct control - but not outside your risk management capacity. This two-part webinar is designed to help prudent bankers keep their focus on the critical risk management aspects of construction lending for both consumer and commercial loans. Sign up for both sessions and save $25.

Consumer Construction Loans
August 15, 2008 2:30 - 4:30 p.m. ET
v Economic risk factors: interest rates, average income, housing absorption rate
v Budget integrity
v Builder risk: experience, investigating prior business relationships
v Builder financial analysis: liquidity (how much is required), cash flow, profitability
v Loan structure: tenor, loan pricing, interest payments
v Portfolio and loan administration

This seminar focuses primarily on the operative builder, although we will also discuss the owner-occupant.

Meet the Speaker
David Kemp, President, Bankers Management, Inc.

Commercial Construction Loans
September 5, 2008, 2:30 - 4:30 p.m. ET
v Project feasibility and economic necessity
v Financial and credit underwriting
v Lien, insurance and other documentation requirements, concerns and pitfalls
v Loan structuring for effective monitoring of progress
v Necessity, content and negotiation of loan agreements
v Pre-closing requirements
v Requirements for funding/draws
v Monitoring requirements and procedures
v The importance of discipline at all stages of the process as a major risk management tool

Meet the Speaker
Bob Ullom, President, R.V. Ullom & Company

Who Should Attend
Branch managers, mortgage lenders and loan processors. Both new and experienced construction lenders will benefit.

Registration Fee
$260 per event, per location
$495 for both events, per location