CUNA Commercial Real Estate Lending: Underwriting a Non-Owner Occupied Request eSchool
December 116, 2009
Three classroom sessions held 2:003:30 p.m. Central Time
(3:004:30 p.m. EST, 1:002:30 p.m. MST, 12:001:30 p.m. PST Confirm the relative time in your area by visiting www.time.gov)
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ARCHIVE OPTION AVAILABLE Can't attend at this time? Click here for the archived version.
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ABOUT THIS ESCHOOL
This three series eSchool will provide information on the three key areas of commercial real estate lending: Underwriting a non-owner occupied request, underwriting an owner occupied property, and documenting a commercial real estate loan.
Topics covered in this program will include:
- Income valuation approach
- Calculating NOI
- Understanding operating expenses
- Using shock variables in repayment calculation
- Impact of owner occupied RE on the income statement
- Identifying repayment ability
- Non-cash variables impact on DSCR
- Pre-closing due diligence on RE transactions
- Environmental due diligence
- Closing documents checklist
- Definition of key terms
After attending this eSchool, participants will be able to:
Objectively review a non-owner occupied real estate loan request
Identify key elements of the CRE request
Apply underwriting criteria unique to commercial real estate requests
Review the impact on the income statement for owner occupied requests
Review of Pre-closing requirements
Satisfying key environmental issues
Using/understanding terminology in mortgage documents
Identifying key exclusions in title reports
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Class Schedule |
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| | | Dec 1, 2009 | | Underwriting a Non-owner Occupied Request |
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| Dec 15, 2009 | | Underwriting an Owner Occupied Property |
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| Dec 16, 2009 | | Documenting a Commercial Real Estate Loan |
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For more program content information or to request a brochure, call 800-356-9655, ext. 4249 or e-mail training@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop. |
| Affiliation with CUNA/League is required for attendance. |
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TUITION
Registration Fee, Attendee: $625 per person
CUNA Council members receive a $100 discount.
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WHO SHOULD ATTEND This eSchool will provide a solid foundation in originating, underwriting, and preparing loan documentation on real estate transactions. This program will benefit MBL officers, credit staff, and junior processors.
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CANCELLATIONS
Cancellations received in writing (via fax 608-231-4327) before the end of business on November 23, 2009 are eligible for a refund of the amount paid minus a $200 administrative fee. No refunds will be granted for cancellation requests received after November 23, 2009. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.
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For more program content information or to request a brochure, call 800-356-9655, ext. 4249 or e-mail training@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop. |
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100% Guarantee
CUNA Center for Professional Development is committed to providing a quality learning experience with cutting-edge topics and expert instructors. If for some reason you are not fully satisfied, contact us and we’ll provide you a full tuition refund or credit.
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