Most Popular Lending Content
OCC addresses real estate lending calculations, limits - Mary Beth Guard
05/10/2004
OCC addresses real estate lending calculations, limits
by Mary Beth Guard, BOL Guru
Construction Loan Term Limits
05/03/2004
Are there any limits on how many months a construction loan term can be? I have heard in the past that a construction loan could not exceed 12 months, but I do not know why.
Usurious Loan with CD Collateral
05/03/2004
Is it usurious to use the proceeds of a loan, deposit it to a Certificate of Deposit, then use that Certificate of Deposit as collateral for the loan?
Annual Financial Statements
05/03/2004
How do you get commercial loans to submit a financial statement each year? Is there legal recourse?
Separate Notice of Appraisal
05/03/2004
Is it true that effective April 15, 2004, we should provide a separate notice of right to receive a copy of the appraisal? Currently, this notice is on the back of the Good Faith Estimate. Should we be giving separate notices since not every loan will have a GFE?