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Browse By Topic - Underwriting

  • Topic Snapshot

    Topic Snapshot: Underwriting (2011) -- Available formats: html
    Overview of resources available for this topic.

  • Reports

    Lessons Learned Providing Vehicle Loans (2007) -- Available formats: rtf
    This report provides an overview of how AFPs manage vehicle loans. Topics include: The policy and decision-making process for vehicle loans,underwriting, servicing, and marketing.

  • Sample Documents

    Acceptable Example for Loan Decision (2009) -- Available formats: pdf
    This is a summary of a loan application that was approved by the Virginia loan program.

    Borderline Example for Loan Decision (2009) -- Available formats: pdf
    This is a summary of a loan application that was difficult to decide whether to approval or not.

    Loan Committee - Criteria Page (2009) -- Available formats: rtf
    This document describes the consumer underwriting guidelines used by the Virginia AFP

    The Application Review Process - Identifying Red Flags (2009) -- Available formats: rtf
    This lists some common items on an application form that raise issues and caution.

    Unacceptable Example for Loan Decision (2009) -- Available formats: pdf
    This is a summary of a loan application that was not approved by the Virginia Loan program.

    Estimating Monthly Expenses (2000) -- Available formats: html word
    A tool to help potential borrowers understand their monthly expenses.

  • Toolkits

    Loan Committee - Criteria Page (2009) -- Available formats: rtf
    This document describes the consumer underwriting guidelines used by the Virginia AFP

    The Application Review Process - Identifying Red Flags (2009) -- Available formats: rtf
    This lists some common items on an application form that raise issues and caution.

    AFP Administration - Policy Considerations (2007) -- Available formats: rtf
    This handout looks at loan loss reserves and risk rating of the portfolio.

    Underwriting/Evaluation Guidelines for Microenterprise and Small Business Loans (2007) -- Available formats: rtf
    This document provides guidance for loan programs undewriting telework loand for self employment. Underwriting looks at financial and credit data, the personnel of the business, collateral, and repayment ability.

    Risk Management - Worksheets (2004) -- Available formats: rtf
    This document provides sevaral ways to approach collections and risk rating of loans.

    Estimating Monthly Expenses (2000) -- Available formats: html word
    A tool to help potential borrowers understand their monthly expenses.

  • Marketing Materials

    Lessons Learned Providing Vehicle Loans (2007) -- Available formats: rtf
    This report provides an overview of how AFPs manage vehicle loans. Topics include: The policy and decision-making process for vehicle loans,underwriting, servicing, and marketing.

  • Training Materials

    The Application Review Process - August 11, 2009 (2009) -- Available formats: rtf mp3
    Cheryl Fatnassi of the Vermont AFP covered the process of reviewing and confirming financial and personal data contained in loan applications. She guided participants through the basics of getting applications in ensuring their readiness for review.

    The Application Review Process - Powerpoints (2009) -- Available formats: ppt
    This power point convers the steps in the review process, evaluatingthe borrower, calculating ratios and collateral values, evaluating credit reports, how to spot red flags, and finally making the loan decision.

    AFP Administration - Policy Considerations (2007) -- Available formats: rtf
    This handout looks at loan loss reserves and risk rating of the portfolio.

    AFP Administration - Policy Considerations, Recapitalization, and Underwriting Issues (2007) -- Available formats: ppt
    This powerpoint provides and over view on loan program policies, recapitalization and underwriting considerations.

    Risk Management for Loan Programs (2004) -- Available formats: ppt rtf
    This powerpoint highlights strategies for loan programs to manage risk.

  • Teleconferences

    Application Red Flags - Low Credit Scores and other Credit Issues (2012) -- Available formats: ppt
    Cheryl Fatnassi from VT and Milissa Gofourth from OK present on application red flags, and discuss possible solutions for programs when faced with borderline applications.

    Red Flags Teleconference Recording (2012) -- Available formats: mp3
    The audio recording for the May 9th teleconference on Application Red Flags

    Acceptable Example for Loan Decision (2009) -- Available formats: pdf
    This is a summary of a loan application that was approved by the Virginia loan program.

    Borderline Example for Loan Decision (2009) -- Available formats: pdf
    This is a summary of a loan application that was difficult to decide whether to approval or not.

    Loan Committee - Criteria Page (2009) -- Available formats: rtf
    This document describes the consumer underwriting guidelines used by the Virginia AFP

    The Application Review Process - August 11, 2009 (2009) -- Available formats: rtf mp3
    Cheryl Fatnassi of the Vermont AFP covered the process of reviewing and confirming financial and personal data contained in loan applications. She guided participants through the basics of getting applications in ensuring their readiness for review.

    The Application Review Process - Identifying Red Flags (2009) -- Available formats: rtf
    This lists some common items on an application form that raise issues and caution.

    The Application Review Process - Powerpoints (2009) -- Available formats: ppt
    This power point convers the steps in the review process, evaluatingthe borrower, calculating ratios and collateral values, evaluating credit reports, how to spot red flags, and finally making the loan decision.

    Unacceptable Example for Loan Decision (2009) -- Available formats: pdf
    This is a summary of a loan application that was not approved by the Virginia Loan program.

    The Current Economic Environment- One Perspective - November 24, 2008 (2008) -- Available formats: rtf mp3
    Mark Pinsky from Opportunity Finance Network addresses the current economic climate and its impact on non-bank lenders, including AFPs and Telework Loan Programs. He discusses changes that likely will occur - such as increase risk of loss and tighter lending standards, and how these changes may affect the way loan programs operate.

    Lessons Learned from Vehicle Loans - April 16, 2007 (2007) -- Available formats: rtf mp3
    This is a discussion by Jason Luciano from the Massachusetts AFP, Susan Tachau from the Pennsylvania AFP and Dave Matheis from the Kentucky AFP about the lessons they have learned about providing vehicle loans. The conversation, facilitated by Stan Provus, explores how a loan program decides to offer loans for the purchase of vehicles, what policies including those related to underwriting need to be in place, what special procedures should be followed for these types of loans and what to do if a loan has been written off and the vehicle repossessed.

  • Meetings

    AFP Administration - Policy Considerations (2007) -- Available formats: rtf
    This handout looks at loan loss reserves and risk rating of the portfolio.

    AFP Administration - Policy Considerations, Recapitalization, and Underwriting Issues (2007) -- Available formats: ppt
    This powerpoint provides and over view on loan program policies, recapitalization and underwriting considerations.

    Underwriting/Evaluation Guidelines for Microenterprise and Small Business Loans (2007) -- Available formats: rtf
    This document provides guidance for loan programs undewriting telework loand for self employment. Underwriting looks at financial and credit data, the personnel of the business, collateral, and repayment ability.