Avoiding Loan Denial Mistakes

Notice the notice requirements for denied loans – or risk a mistake, noncompliance, or worse. Loan denial decisions are fertile ground for errors. This webinar will plow through the knowledge, tips, and tools you need to avoid loan denial mistakes!

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Identify and document when an inquiry becomes an application
• Explain the requirements for an incomplete or withdrawn application
• Properly notify applicants when denying a loan request
• Recognize potential fair lending discrimination practices
• Use a worksheet to document a second review of adverse action notices, for fair lending purposes
• Prepare counteroffers
• Comply with Reg B’s timing requirements for loan denials
• Identify when the FACT Act requirements are required for denial notices

For more information or to register CLICK HERE.