One- to Four- Family Loan Documentation Made Easy

When it comes to documenting real estate secured loans, making a mistake is much too easy. And when you’re dealing with 20 different disclosures and 87 different types of loans, there’s a lot of room for error! That’s why Sheshunoff is proud to introduce One- to Four- Family Loan Documentation Charts and Checklists. Inside this quick-reference resource, you'll find a checklist for every loan, making it quick and easy to double-check your documentation as you prepare your loans. There are also post-closing checklists – 17 in all – that can be used by loan managers and auditors after loans are closed to ensure that procedures have been followed to provide proper documentation for each loan.

This workflow tool will help you decipher all the complex disclosure requirements for loans secured by one- to four- family real estate. This informative, useful tool will help you determine which disclosures to provide for each of the loans in these categories. And since failure to provide all the required disclosures to your borrower can put the loan's enforceability in question and expose your institution to legal, financial, and compliance risk, One- to Four- Family Loan Documentation Charts and Checklists will prove to be an invaluable addition to your library.

Look Inside! See Sample Charts and Checklists*
*Requires Adobe Acrobat Reader
Chart: Business Purpose Loans Secured by One- to Four-Family Real Estate Checklist: Construction of Second Home with End Financing Checklist: Post-Closing Refinance of Primary or Second Home

And because the tool is a ready-to-use Word document, it's easy to locate information on the type of loan you're working on. You can print the charts and checklists for at-a-glance reference, or store them electronically on your computer.

Five separate charts provide a grid of required disclosures for loans in the following categories:

• Closed-end loans secured by one- to four-family real estate (consumer purpose). This chart covers 26 different types of loans.
• Closed-end loans secured by manufactured homes (consumer purpose). This chart covers 14 different types of loans.
• Open-end loans secured by one- to four-family family real estate (consumer purpose). This chart covers 23 different types of loans.
• Open-end loans secured by manufactured homes (consumer purpose). This chart covers 16 different types of loans.
• Open-end and closed-end loans secured by one- to four-family real estate (business purpose). This chart covers 8 different types of loans.

Order today and find out just how easy one- to four- family loan documentation can be!

About Lorraine Hyde

Lorraine Hyde is a financial institution consultant who provides regulatory compliance advice to community banks, thrifts, and credit unions. She has over 20 years of general banking experience, 15 years of regulatory compliance consulting experience, and has worked in various capacities for a large regional bank, the FDIC, and a national accounting firm. Ms. Hyde is a contributing author to several Sheshunoff compliance tools. See all works by Ms. Hyde