Loan Participation Consulting Services

Overview

Consulting services for all phases of selling loan participations include:

1. Develop a policy
2. Develop a Master Agreement
3. Develop internal procedures
4. Help find a credit union to partner with to sell loan participations to
5. Use of CU*BASE software to create a package of loans to be sold (Tool #574)
6. Setting up the participation loans on the subsidiary software (Tool #119)
7. How to do monthly settlements (Tool #314)
8. Review participation reports – PLI Trial Balance (Tool #590), participation loan delinquency analysis report (Tool #578)

Informational Flyer

Consulting services for all phases of buying loan participations include:

1. Develop a policy
2. Develop internal procedures
3. Help find a credit union to partner with to buy loan participations from
4. Due diligence review of the originator
5. Training of the employees on the accounting entries

Search this service on AnswerBook