Most Popular Lending Content
Asking for Relationship b/w Co-Applicants
01/07/2013
Is it permissible for a lender to ask for the relationship between co-applicants on a joint credit application when evaluating their credit worthiness? In addition is it considered unlawful to give more favorable consideration to a home owner versus a person or people that rent when making a loan decision?
Limitations on Internal Auditor w/ Other Jobs
01/07/2013
What are the limitations on an Internal Auditor as far as holding other positions? Can an Internal Auditor be a Loan Officer and on Loan Committee and a senior officer of the bank?
HMDA or Short Term Loan: Amortization Construction
01/07/2013
If a single family rental construction loan is termed out for 2 years with a 25 year amortization and balloon payment, would it be HMDA or considered a short term loan?
All Real Estate Loans Require Appraisal Reviews?
01/07/2013
Are appraisal reviews required on all new real estate loans that require an appraisal?
Sample Policy on Adverse Actions
01/07/2013
Would you have a sample policy on Adverse Actions you could share?