Most Popular Lending Content
Commercial loan exception tracking with spreadsheets
08/06/2023
What are pros and cons of tracking commercial loan exceptions with spreadsheets?
Elements of ROV Compliance
08/06/2023
What is needed to comply with ROV guidance?
Only Part of the Building is in a SFHA
08/06/2023
We have a loan for an apartment building with 21 efficiency apartments that has been moved into a flood zone. The entire building is not in a flood zone, only a few of the efficiency apartments are. Can the flood insurance be based on only those apartments rather than have coverage for the entire building?
More Applicants than HMDA Allows
08/06/2023
We have loan that has three applicants. One will live at the property but has no credit. The other two had the credit and income. Since there are only two places to record DOB and Credit Scores for HMDA, which ones do you use?
Securing multi-parcel loan
07/30/2023
We are doing a loan with 7 combined parcels - and just one borrower. All the parcels are titled the same. Do seperate UCC's need to be filed for each or can they be combined into one?