The purpose of this session is to draw upon skills acquired from understanding Credit, Ratio, and Cash Flow Analysis to write an effective credit memorandum. The session places emphasis upon knowing how to meet the expectations of credit managers to win their support and those factors or trends that are most important and relevant without the need to state the obvious. In short, the credit memo should present relevant, material facts and the writers' thoughts and opinions based upon a thorough analysis of the prospect or borrower.What You'll Learn:

• Purpose of the Credit Memorandum
  
• How to Plan and Organize the Credit Memorandum
  
• Writing Mechanics including, Paragraph Development, Word Usage, Proper Use of Transitions, Form, and Appearance
  
• What Should be Covered in a Well-Written Credit Memorandum
  
• How to Interpret the Results of Credit Ratio and Cash Flow Analysis and to
• Explain them with Clarity to Readers
  
• Knowing your Primary and Secondary Audiences
  
• Knowing the Expectations of the Regulators
  
• Underwriting and Reporting on Commercial Real Estate, Construction Loans,
• Acquisition and Development Loans, and Multi-Family Unit Loans