Real Estate Lending Cheat Sheets

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Question:

am new in a compliance position and am having difficulty in real estate compliance. All of the matrices that I have don't contain all of the scenarios. For instance "Land purchase and construction". When do preliminaries disclosures apply. I need resources.

Answer:

The Banker Store has a Real Estate Lending matrix. It covers much more than this one question, certainly. It does address construction and permanent loans as well as construction only and when the borrower is/is not a natural person.

First published on BankersOnline.com 5/2/05