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Got a tale to tell? Do your credit memos and loan narratives effectively convey the borrower’s story? Do they contain the key components and provide clear credit risk conclusions? Learn to develop meaningful write-ups that will satisfy underwriters – and examiners.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Identify the objectives of a credit memo, so you know what to include and exclude
- Understand the components of credit analysis, including different terms, exposure summary, financial analysis, collateral, etc.
- Define and consider key financial ratios
- Structure a strong summary narrative
- Know what examiners look for in a sensitivity analysis (stress testing)
- Draw clear credit risk conclusions and identify strengths, weaknesses, and mitigants
- Avoid common examiner criticisms in credit write-ups
WEBINAR DETAILS
The purpose of the credit memo and loan narrative is to tell the borrower’s story. They are the basis for making credit approval and renewal decisions. They are also used for detailing ongoing account management for loan relationships and maintaining pertinent information regarding material developments or changes in the quality or nature of the credit or borrower over the life of the loan. The underwriter needs a clear picture to make the best approval and renewal decision. Whether it is a consumer, real estate, or commercial credit, an effective credit memo/loan narrative is imperative for both safety and soundness and compliance.
For more information or to register CLICK HERE