This program can be taken individually or as Chapter 6 of the 7(a) Loan Closing Course. This program is designed for attorneys, paralegals, and bankers engaged in closing SBA Loans, especially 7(a) 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:
IRS Tax Transcripts
Real Estate Appraisals
Earthquake Hazards and Seismic Certification
Franchise, License, Dealer, Jobber and Similar Agreements
Customer Identification Program
Closing 7(a) Loans
SBA Closing Forms - mandatory and optional - and mandatory language
Perfecting Lien Position
Other non-SBA Closing Documents
7(a) Loan Files
Post-Closing Follow-up and Checks
Review of Key SBA Forms
This course and all 7(a) 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.