2024 Construction Loans Administration and Monitoring
September 11, 2024
Virtual
Program
Session - 9:00 a.m. - 4:00 p.m.
Lunch - 12:00 p.m. - 1:00 p.m.
Construction loans for both residential and commercial real estate (CRE) remain a major part of bank lending. Residential construction continues to grow in most markets, with remodeling outpacing new homes in some markets. Increased costs of materials and labor continue to create budget and cost overrun issues. CRE construction projects continue, but seem to be at a slower growth pace than residential.
This program provides an overview of the many issues involved in both residential and commercial construction, as well as key differences between them. The focus is on the issues behind the various procedures in construction.
Many community banks attempt to utilize versions of their residential formats and policies to administer commercial construction loans; however, this generally does not adequately control risk in commercial situations due to several important differences between residential and commercial projects.
The Construction Loans Administration and Monitoring virtual seminar and Commercial and Residential Appraisals: Reviewing and Interpreting virtual seminar is a two-workshop training that may also be completed as stand-alone sessions.
Topics to be Covered
- What is construction risk? How is it different from credit risk?
- Identifying the degree of risk and appropriate levels of monitoring and controls
- Types of construction situations: full construction vs. repair/remodel/repurpose
- Differences between residential and commercial construction loans
- Issues with construction contracts and budgets
- Assessing contractor credentials and financial strength, plus format to use
- Seven items that determine how you handle a specific construction loan
Program Presenter
Richard Hamm - President, Advantage Consulting & Training
Richard Hamm has been training bankers for over 30 years, specializing in all phases of commercial lending and credit, including portfolio & risk management, commercial real estate & appraisals, plus selling & negotiating skills. His training work includes our top industry associations (the ABA & RMA), regional banking schools (Barret School of Banking - Memphis, Graduate School of Banking - Wisconsin, Southwestern Graduate School of Banking - Dallas, & Graduate School of Banking at Colorado), numerous statewide banking & community banking associations, plus individual banks.
Audience
Real estate lenders, commercial and consumer lenders, credit analysts, mortgage lenders, private bankers, small business lenders, loan review specialists, special asset officers, lending managers, credit officers and support staff involved in the construction, appraisal review and real estate lending process.
Registration Fees LIVE - Construction Loans Administration and Monitoring Program Only
Asset Size/Fees
$25 mil & under: $350
$26 mil - $100 mil: $450
$101 mil - $250 mil: $550
$251 mil - $400 mil: $750
$401 mil - $750 mil: $950
$751 mil - $1 bil: $1,250
Over $1 billion: $1,550
Assoc. Members: $950
Non-members: $3,100
This program can also be purchased in combination with the Commercial and Residential Appraisals: Reviewing and Interpreting virtual seminar taking place on September 12, 2024.
**Program fees are based on bank asset size. There is no limit on the number of people that can attend the virtual session from your financial institution. Please login and register one person from your bank and pay based on your bank’s asset size. Then email all other attendees (include attendee’s first and last name, bank location and e-mail) to Natalie Wareham at nwareham@ksbankers.com so that additional attendees can be registered free of charge to receive their own link and login information for the session.