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Loan Underwriting Approval: Collateral, Character, and Capacity

Qualifying ratios are only the beginning of the loan approval process. The three Cs of loan approval in lending are: Collateral, Character (credit), and Capacity. Collateral – The lender will look to the collateral to hedge its loss if the creditor defaults on the loan. To help analyze the collateral, the lender will order an

What’s Required to Become an Oregon Home Inspector

(Jeff Sorg, OnlineEd – Portland, OR) Anyone who advertises, works, or bids as a home inspector is required to be certified by the Oregon Construction Contractors Board (“CCB”) as a home inspector. Any individual who, for a fee, inspects and delivers a report on the overall physical condition of a residential structure is considered to