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WEBExpress: Writing the Credit Memo for 7(a) Loans over $350,000
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4/10/2018
When: April 10, 2018
Noon - 1:30 pm CENTRAL TIME
Where: TIME SHOWN IS CENTRAL TIME
Access instructions provided 24 hours prior to event
United States
Presenter: Rachel Zippwald (NAGGL)
Contact: NAGGL
405.377.4022


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April 10  

WEBExpress: Writing the Credit Memo for 7(a) Loans over $350,000

Fee (per location connection): $345 Mbr; $525 Non-Mbr; $275 Govt
Registration Deadline:
April 6 (or until sold out)
Instructor:
Rachel Zippwald (NAGGL)

One common reason for SBA to screen out at the LGPC is an ‘incomplete credit memo’ and SBA scrutinizes any delegated lender’s credit memo in early default situations to assess whether improper underwriting contributed to the default. Lenders know SBA is looking critically at a lender’s credit memo both at origination and at liquidation; the SOP 50 10 requires lenders to produce a comprehensive credit memo. This session discusses the five categories of credit underwriting and takes an in-depth look at what is required in a lender’s credit memo for loans over $350,000. Rachel Zippwald (NAGGL) shares tips for writing a comprehensive credit memo that both analyzes the lender’s credit decision and meets SBA requirements.

LIVE Presentation Runs: 1:00-2:30 pm Eastern | Noon-1:30 pm Central | 11:00 am-12:30 pm Mountain | 10:00-11:30 am Pacific

Instructions for login will be distributed approximately 24 hours in advance of the session!

*Any transmission or retransmission to additional sites/rooms by any means, including, but not limited to, the use of a telephone conference bridge (whether or not owned by the registrant), is strictly prohibited.

Additional Lines: 
First line = $345
2-10 additional lines = $145 for each additional line
>10 additional lines = $125 for each additional line
Purchase additional lines online or download a registration form at www.naggl.org/regform.

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Calendar

6/6/2018 » 6/7/2018
Cincinnati, OH - Understanding the SOP 50 10

6/11/2018 » 6/14/2018
Salt Lake City, UT - 7(a) Lender Classroom Training