This program can be taken individually or as Chapter 12 of the 504 Loan Closing Course designed for attorneys and paralegals, CDC managers and staff, and bankers and bank counsel engaged in closing SBA 504 Loans or interested in learning more about integrating the closing process with loan eligibility and packaging and loan servicing.
This program discusses the following topics:
SBA and 504 Loan Closing Forms
Expedited Processing of 504 Loan Closings
Qualifications to Become a Priority CDC
Qualifications to Become a Designated Attorney
Submission of Closing Packages to SBA
Submission of Documents to Central Servicing Agent
Submission of Documents to SBA Commercial Loan Servicing Center
Quality Assurance Reviews and Complete File Reviews
Responsibility of Closing and Enforcement Actions
Independent Loan Reviews
This course and all 504 Loan Closing courses were produced with a partner and are not included in any of our unlimited CLE subscriptions.
Janice E. Garlitz is a Designated Attorney with 19 years of experience creating, updating and teaching the 504 Loan Closing and 504 Loan Closing Update Courses. She serves as Closing Counsel for multiple CDCs and has 27 years of experience closing 504 and 7(a) SBA loans as well as 24 years of experience teaching adult legal education courses.