Real Estate Construction Loans A-Z: 
Consumer & Commercial Challenges & Common Errors 

Thursday, April 25, 2024 
11:00 am – 12:30 pm Eastern

Construction loans are in a category of their own. They are not like ordinary real estate lending. Creating successful construction loans requires an in-depth understanding of the unique complexities, including lien perfection, disbursement procedures, change orders, cost overruns, and more. Ensure your lending process is complete and compliant with this A-Z webinar.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand the mandatory special construction loan documentation and why it is required
• Properly create and perfect liens in real and personal property during the construction process
• Address problems involving the general contractor and materialmen
• Handle loan disbursement procedures and construction monitoring 
• Explain how to deal with change orders and cost overruns

WEBINAR DETAILS 

Real estate construction is perhaps the most complicated type of loan and certainly one of the riskiest. Construction lending requires knowledge of unique lending processes and the ability to manage them. It is a trap for the unwary who think construction lending is simply making a real estate loan. This webinar will explain the construction lending function from start to finish. It will address both consumer and commercial construction loans along with common challenges and errors. (It will not address the Real Estate Settlement Procedures Act.)

WHO SHOULD ATTEND? 

This informative session is designed for staff involved in construction loans, including loan officers, loan operations personnel, compliance staff, attorneys, auditors, and managers.

TAKE-AWAY TOOLKIT

• Loan closing checklist (list of the loan documents and other items needed for a construction loan)
• 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

SPEAKER

Elizabeth Fast, JD, CPA, Spencer Fane LLP

Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. She is a member of the Missouri State Banking Board by appointment of the Governor.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education, Training & Special Events Coordinator, Malia Widder, (614) 610-1877.