Loan Policies Manual

Sheshunoff's Loan Policies Manual is a comprehensive credit policy manual for all lending activities throughout your organization. The manual focuses on reducing risk and gives you sample lending policies that will satisfy your regulators. By identifying weaknesses and controlling risky underwriting practices, you can avoid undue attention during on-site examinations. Even if you already have lending policies in place, this guide is useful to make sure everything is complete.

The manual covers:

•  General lending standards
•  Consumer lending
•  Residential mortgage lending
•  Commercial real estate and construction lending
•  Non-real estate business lending
•  Specialized lending and credit extensions
•  Customer verification and authentication requirements
•  Workout credits and problem assets
•  Risk assessment and management
•  Processing loans over the Internet
•  Applicable laws and regulations

Sample policies make it easy for you to customize documents and distribute them to loan officers. The risk tolerance and strategic objectives of the institution can also be tailored into your own written policies.