[Webinar] Business Purpose Loans to Individual Borrowers: What Lenders Need to Know

Lenders in our space know at this point how to identify business or investment purpose loans, especially when the business or investment is very clearly tied to the collateral being used as security for the loan. But what happens if the collateral is owned by an individual instead of an LLC, Corporation, or other entity? Many lenders are surprised to hear that you can make these loans. In this webinar, we talk about why this may be an attractive option to lenders, regulations to be aware of as you proceed with making these loans, and how to properly document and underwrite these loans to stay safe.

You will Learn:
1. How to identify a business purpose loan
2. Dispel myths regarding business purpose loans made to individuals
3. Identify federal and state specific issues 4. Understand why this could be an attractive investment

This webinar was led by Melissa C. Martorella and Anthony F. Geraci of Geraci LLP.

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