Introduction to Reducing Risks in Construction and Development Loans

Training OnDemand Program

This course reviews the risks inherent in interim construction and development loans. Why the value of the collateral initially decreases with each succeeding draw. How you can control your risks without exercising undue control and having "lender liability."

Highlights

• Items to Consider When Making Interim Construction or Development Loans
• Use and Limitation of Performance Bonds
• Inspections
• Takeout Commitments
• Pre-Leasing and Pre-Sale Requirements
• What You Should Know About the Builder Prior to the Commitment
• Loan to Value
• Covenants for Loan Agreements
• Feasibility Studies and Sensitivity Analyses
• Initial Investment and Hard Equity

Training OnDemand Computer Requirements

• Broadband Internet Access
• Windows Media Player
• Speakers