Event Calendar

Thursday, June 13, 2024

Consumer Loan Underwriting 101 Webinar

Start Date: 6/13/2024 9:00 AM MDT
End Date: 6/13/2024 10:30 AM MDT

Event Website: https://financialedinc.com/consumer-loan-underwriting-101

Organization Name: Independent Community Bankers of Colorado

Maelynn Lewis
Email: mlewis@icbcolo.org
Phone: (720) 607-7937

All consumer lenders must have a keen understanding of the governing regulations and possess fundamental skills. This webinar will cover a bountiful abundance of consumer lending topics, including loan purpose, policy and procedure, loan application and interview, repayment sources, underwriting, collateral, calculating debt-to-income and loan-to-value ratios, lending ethics, privacy, and more! Don’t miss this one-stop shop for the basics of consumer lending. This program will dive into the basics of consumer lending, whether your financial institution manually underwrites loans or uses an automated credit decision model. It will cover typical loan policy content and types of consumer loans, including mortgages, installment loans, and revolving credit. You’ll learn to compliantly conduct a comprehensive loan interview and thoroughly complete a loan application. Underwriting basics will be provided with examples of calculating debt-to-income and loan-to-value ratios, reading credit reports, and using credit scoring models. You’ll discover how to take collateral to secure your loan, including determining the collateral’s owner, perfecting your interest, and monitoring. In addition, this presentation will contain an overview of the key consumer loan regulations, address the basics of lending ethics, explain the critical nature of confidentiality, and help you avoid the most common errors in consumer lending.
  • Identify the types of consumer loans and their purposes
  • Comprehend your financial institution’s loan policy and procedures
  • Complete a successful loan interview and take a complete loan application
  • Identify the primary and secondary sources of repayment
  • Understand the basics of loan underwriting, including calculating debt-to-income and loan-to-value ratios and credit scoring models
  • Take collateral to secure the loan
  • Have a working knowledge of consumer lending regulations
  • Recognize the most common errors in consumer lending
  • Glossary of consumer lending terms
  • Summary of consumer lending regulations
  • Sample consumer loan policy outline
  • Debt-to-income worksheet
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits
This informative session is designed for those new to consumer lending or anyone looking for a refresher on the basics.
Consumer Lending Collateral Considerations & Documentation, recording available
Consumer Loan Documentation, recording available
Common Mistakes in Consumer Collection,  Tuesday, September 24, 2024
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
Robert L. Viering, RiverPointUSA LLC
Bob Viering brings over 35 years of banking experience to RiverPointUSA, where he concentrates on management and board planning activities, such as strategic, capital, and succession planning, de novo bank formation, assisting with managing regulatory agreements, loan review, and credit process assessment. He has served as a bank director and was an independent member of a bank’s audit committee. Prior to becoming a consultant, Bob was a de novo bank organizer responsible for all regulatory filings, planning, recruiting, and serving as CEO. He has been an advisor for other de novo bank formations. Earlier in his career, Bob held various management positions with large and regional banks, including market president and regional credit officer. In addition, he has managed deposit and loan operations groups and was a lender to local, regional, and international businesses. He has also served as a board member of state and national trade associations.
  • Unlimited live connections with shareable access within your institution
  • Available to view on desktop, mobile & tablet devices
  • Take-away toolkit
  • Live Q&A session & the presenter's contact info for follow-up questions
  • Access the webinar training from your User Portal
  • Unlimited and shareable access to the recording within your institution,
    starting two business days after the live date
  • Available to view 24/7 on desktop, mobile & tablet devices
  • Take-away toolkit
  • Ability to download the webinar video and toolkit items
  • Presenter's contact info for follow-up questions
  • Access the webinar training from your User Portal
  • Save when you Bundle the Live + On-Demand Webinar Registration
  • Includes all the items listed above
  • Full registration descriptions can be found here