NADCO RECORDED Webinar - 504 Loan Closing Hot Topics for CDC Personnel
PLEASE NOTE: When purchasing online courses, each individual MUST log into the system with their unique login and purchase their own session in order to receive a certificate of course completion in the attendee’s name. You cannot register multiple people for training courses under one login. If you need assistance registering for online training courses, please email Mandy Robertson at mrobertson@nadco.org before completing your purchase.
Price Per Person: $299 for NADCO Members | $599 for Non-Members | $249 for SBA/Federal Government
Students have 6 months from the time of purchase and initial enrollment to view the recorded webinar.
As part of our continuing training, NADCO is pleased to provide this essential training for CDC personnel and others involved in the 504 loan closing process, this timely webinar will share best practices for improving the 504 loan closing process within your CDC, including:
- Documenting Eligible Use of Proceeds
- Verification of Borrower Equity Requirement
- Certifying No Adverse Change
- Properly handing seller credits
- Improving the quality of 327 servicing actions
- 4506 tax transcript verification
- Submitting final executed franchise documents
- Transmitting closing packages to SBA
- And more...
Instructors:
Wayne Williams
NADCO EVP, Regulatory Affairs & Training
Wayne Williams has over 34 years of experience in SBA lending, including 23 years working with one of the largest CDCs in the nation. A former NADCO Board member, Wayne has also been a NADCO National Instructor since 2014 teaching courses on SOPs, Eligibility, Debt Refinance, and 504 Loan Packaging.
Todd E. Kobernick
Attorney at Law, Law Offices of Todd Kobernick
Mr. Kobernick commenced practicing law in the State of California thirty years ago focusing on understanding and resolving the issues of clients. His practice is focused on providing legal and advisory services on matters related to business, real estate, construction, nonprofit entity, lender and United States Small Business Administration legal matters. Mr. Kobernick has represented the largest U.S. Small Business Administration “certified development company” in the nation for nearly twenty years. The Law Offices of Todd E. Kobernick is an “AV” rated firm.
April Smith
504 Closing Manager, CDC Small Business Finance
April Smith is a 504 Funding Manager at CDC Small Business Finance, one of the leading SBA 504 lenders in the Nation. With 25 years of experience in the finance industry, she has gained extensive knowledge of the SBA 504 closing process through her involvement in the production and management of a 100+ client pipeline. Ms. Smith also helped develop multiple back-office lender procedures that align with SBA lending policies and SOP guidelines and regulations, ensuring a smooth and timely funding process for small businesses.
Debra Morack
SVP Managing Director of Closing, Somercor 504, Inc.
Debra Morack serves as the Senior Vice President, Managing Director of Closing at SomerCor. She has 26 years of experience closing SBA 504 loans, the last 14 with SomerCor. During her career she has closed nearly 1000 loans. Along with her team, she is responsible for navigating deals through the critical final steps before funding. Under her leadership, SomerCor marked its largest funding month ever, by volume, in March of 2022.
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