Credit Evaluation School, Sacramento, CA

PERSON • Name of borrower – who is responsible for debt – Individual – Partnership – General, Limited…. – Corporation – do individuals sign also, gty... • Occupation – match purpose of loan • Address – trade area or outside lending boundaries • Understand source of relationship if new

PURPOSE

• Legitimate • Permitted by board policy • Within the abilities of management • Where did proceeds go? – Boarding data sheets or closing statements? • Review any modifications or extensions for changes to the original purpose