About This Course:
The seminar will cover the basics of consumer lending including the consumer loan function, marketing consumer loans, and making consumer lending decisions based on the five (5) C's of credit- capacity, capital, collateral, conditions, and character.
The attendee will also be exposed to loan structure, loan support, and documentation issues and how they are an intricate part of the consumer lending process. An auto loan, RV loan, and home equity line of credit (HELOC) will be utilized as examples throughout the session.
Additionally, the basics of consumer loan compliance will be provided including Reg B, Reg Z, TRID, BSA, and Fair Credit Reporting.
What You'll Learn:- Learn about the basics of consumer lending
- Explore marketing for consumer loans
- Gain an understanding of how banks make consumer lending decisions based on the five (5) C's of credit
- Review the basics of consumer loan structure, support, documentation, and compliance
- Apply consumer lending through case studies