A Lender's Perspective: The Role of the Appraisal in the Lending Process

Description

This two-hour workshop will provide a great initial overview for many departments of a bank or financial lending institution. It will be especially helpful for audit, credit, compliance, quality control, quality assurance, and underwriting staff. After attending, they will have a familiarity with fundamental Uniform Standards of Professional Appraisal Practice (USPAP) concepts, including scope of work, updates, and appraiser independence.
Sponsor Date Location Delivery Format Check
State Approvals
 

Who should Enroll

Commercial and residential lenders

Objectives

  • Learn how appraisals add to the lending process.
  • Explore how lenders can best avoid pitfalls in the appraisal process.
  • Examine what level of appraisal service is appropriate for a particular lending situation.

Prerequisites

None

Exam

No Exam

Level

Intermediate

Appraisal Institute CE Points

Attend: 10 AI Points

Class Time

2 hours

Assignments

No

Program Overview


Required and/or Recommended Equipment

None specified
 

System Requirements

None specified

Additional Information

No additional information
 

Book Recommendations

None specified