Agenda

Monday, March 10th, 2025
2:30 pm - 4:30 pm EST

• Construction risk and how is it mitigated
• What is the type of project (full construction vs. repair/remodel)?
• Due diligence needed, beyond a conventional mortgage application and underwriting
• Construction contract and cost estimate issues (Description of Materials form)
• Contractor credentials and qualifications
• Plans and drawings
• Survey
• Title insurance
• Appraisal issues
• Typical loan structuring, interest rate and fees
• Construction loan agreements
• Issues with draws and inspections, including cost over-runs and lien priority
• How is the construction loan going to end (get repaid)?

Topics

Topics

• Commercial/Business Lending
• Lending
• Mortgage Lending

Roles

• Branch Manager
• Commercial Lender
• Consumer Lender/Retail Banker
• Credit Analyst
• Loan Closer
• Loan Operations Manager/Specialist
• Marketing Officer/Business Development
• Mortgage Lender
• Private Banker
• Senior Management
• Training Manager
• Trainer
• Workout Specialist/Collector

Who Should Attend
This session is ideal for consumer lenders, mortgage bankers, private bankers, small business lenders, commercial lenders, credit analysts, loan review specialists, special assets officers, lending managers, credit officers involved in the consumer lending process, and support personnel involved in the administration of residential construction loans.

Speaker(s)

Richard Hamm has been training bankers for 28 years, designing and delivering courses specializing in commercial lending and credit, including portfolio and risk management, commercial real estate (CRE) and appraisals, plus selling and negotiating skills, and director training. He also conducts eight senior lender forums on a periodic basis in multiple states and one series at the national level.

He is based in Huntsville, AL and has owned/operated Advantage Consulting & Training for 14 years, after a 22-year banking career including senior positions in lending and credit, plus president of a community bank through formation and acquisition of an existing bank. He has BS and MBA degrees from the University of Alabama.

Fees

$299.00 or 1 Token

Available Upgrades

• 12 Months OnDemand Playback $120.00
• 12 Months OnDemand Playback + Digital Download $150.00
• Additional Live Access $95.00 per person

Association Contact

Brooke McCormack, Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380