When financing a commercial condominium purchase, lenders should carefully review all condominium documents and title documents and obtain all necessary title endorsements and insurance. Pertinent condominium documents may include the…

When underwriting an SBA loan, a Lender has many different issues to consider. The Lender must look to the Borrower and decide whether or not lending money to the Borrower…

As a follow-up to my article Best Practices: The Survey Exception, where I discussed deletion of the standard survey exception from an ALTA loan policy, this article is intended as a…

Typically, any small business applicant seeking SBA financing must be an active operating company.  One exception to this general rule pertains to Eligible Passive Companies.  The Eligible Passive Company (EPC)…

As we begin the new year, here are some items of interest that lenders should keep an eye out for in 2019: First, it is important to make sure that…