Event Calendar

Thursday, June 13, 2024

Webinar - Consumer Loan Underwriting 101

Start Date: 6/13/2024 9:00 AM MDT
End Date: 6/13/2024 10:30 AM MDT

United States 

This program will dive into the basics of consumer lending, whether your financial institution manually underwrites loans or uses an automated credit decision model. It will cover typical loan policy content and types of consumer loans, including mortgages, installment loans, and revolving credit.
You’ll learn to compliantly conduct a comprehensive loan interview and thoroughly complete a loan application. Underwriting basics will be provided with examples of calculating debt-to-income and loan-to-value ratios, reading credit reports, and using credit scoring models. You’ll discover how to take collateral to secure your loan, including determining the collateral’s owner, perfecting your interest, and monitoring.
In addition, this presentation will contain an overview of the key consumer loan regulations, address the basics of lending ethics, explain the critical nature of confidentiality, and help you avoid the most common errors in consumer lending.


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