BanKnology — Lending Essentials

Covered in this manual is underwriting:

• Sole Proprietorships
• General Partnerships
• Limited Partnerships
• Silent Partnerships
• Limited Liability Partnerships
• Limited Liability Company
• S-Corporations
• K-1 Beneficiaries
• Corporations

Discussion is given in how these entities report income along with:

• Analyzing federal tax returns per FNMA
• A defendable approach in underwriting sophisticated entitites
• Understanding complex financial statements
• The importance of spread sheet analysis
• Comparative accounting ratios
• Knowing your borrower
• Corporate governance
• Reviewing the Federal returns of a complex borrower (1040, 1065, 1120, 1120S and K-1)
• A cameo look at SBA loans

Learn conservatism in underwriting and a philosophy proven to strengthen the asset value of your loan portfolio.

Written by Rich Bode