Construction lending presents unique risks, requiring thorough evaluation, underwriting, and monitoring. This session provides insights into assessing repayment ability, ensuring project completion, and mitigating potential risks associated with construction loans.
Key Points Covered:
- Evaluating construction loan applications and borrower qualifications
- Key underwriting factors to assess risk and project feasibility
- Monitoring construction progress and managing draw requests
- Common pitfalls and risk mitigation strategies
Why Should You Attend?
Construction lending is inherently riskier than traditional commercial loans, as repayment relies on project completion and cash flow generation. Learn best practices to enhance loan security and minimize risks.
Key Takeaways:
- Effective underwriting techniques for construction loans
- Strategies to ensure loan repayment through project completion
- Risk management methods to prevent financial losses
Who Should Attend?
- Commercial lenders and loan officers
- Credit and risk management professionals
- Real estate and construction finance professionals
- Banking and financial compliance officers
Speaker
Dev Strischek is a frequent speaker, instructor, advisor, and writer on credit risk and commercial banking topics and issues, Dev is the principal of Devon Risk Advisory Group and engages in consulting, speaking, and training on a wide range of risk, credit, and lending topics. As former SVP and senior credit policy officer at SunTrust Bank, Atlanta, he was responsible for developing, implementing, and administering credit policies for SunTrust's wholesale lines of business--commercial, commercial real estate, corporate investment banking, capital markets, business...
