Lender-Side Loan Prep: Due Diligence and Documents That Protect the Credit
For a commercial Lender, a loan is only as strong as the due diligence and documentation behind it. When a Borrower performs, the paperwork rarely matters. When a Borrower defaults, it becomes the paper trail that shows whether the Lender’s position was ever as strong as it looked. Thorough pre-closing due diligence and a complete set of loan documents are what allow a Lender to recover…