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Product Update Notification Real Estate Loan Policy Template Update - 05/23/05 Bankpolicies.com is proud to announce the immediate availability of our revised Real Estate Loan Policy Template. What's Revised Topic 7 - Residential Term and Open Real Estate Loans. This topic was revised in response to the "Interagency Credit Risk Management Guidance for Home Equity Lending" to promote sound risk management practices at financial institutions with home equity lending programs, including open-end home equity lines of credit (HELOCs) and closed-end home equity loans (HELs). Product Contents Purpose and Contents - Topic 1 Policy Statement - Topic 2 Geographic Area - Topic 3 Market Conditions - Topic 4 General Credit Underwriting Guidelines - Topic 5 Commercial Term Real Estate Loans - Topic 6 Residential Term and Open Real Estate Loans - Topic 7 Residential Lot Loans - Topic 8 Construction Loans - Topic 9 Commercial Construction Loans - Income Producing - Topic 10 Owner-Occupied Commercial Construction Loans - Topic 11 Acquisition, Development and Construction (ADC) Lending - Topic 12 Letters of Credit, Assurance or Cash in Lieu Bonds - Topic 13 Residential Construction Loans - Topic 14 Appraisal and Evaluation Program for Real Estate Loans - Topic 15 Title Insurance Procedures - Topic 16 Mortgage Loan Brokerage Guidelines - Topic 17 Undesirable Types of Loans - Topic 18 Ordering Information This revised product is available to purchase from Bankpolicies.com for: $375.00 - List Price - or - $50.00 - Update Price (applies only to clients who have previously purchased our Real Estate Loan Policy Template product) If you have ordered this product within the past 30 days since 05/23/05 you are eligible to receive the Product Update at no charge. Click here to place an order for this product. Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the upgrade or list price (whichever applies). NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com. Find Out What's New or Revised with our Product Update Program Our Product Update Program allows existing clients to receive e-mail notifications from us the same day we issue a new or revised product. We encourage you to subscribe today for this free and convenient service. |