Credit Underwriting
Our seasoned team of credit professionals can support all of your commercial underwriting needs, including origination, renewals, and ongoing credit servicing. With Lenders Cooperative, you gain access to decades of C&I, CRE, and SBA lending experience.
Benefits
Improved Risk Control
3rd party, independent underwriting allows for objective reviews, reduces internal friction, and ensures safety & soundness in the portfolio.
Eliminate Backlogs
Provides overflow valve during peak volume periods and provides credit servicing support.
Cost Effective
Eliminates employee benefit expenses, occupancy costs, equipment and training expenses.
Optimize Capacity Utilization
Allows organizations to improve operating leverage and design a more efficient credit process.
Reduce Variability
Experienced team delivers consistent, predictable, high quality product.
Faster Turn Times
Predictable turn times, allowing bankers to set better expectations with clients.
Onboarding Process
1. Loan Policy & Credit Risk Appetite
During the onboarding process, we learn your bank’s loan policy hot buttons, underwriting approach, and overall credit risk appetite.
2. Customization
As part of our discovery process, our team customizes the underwriting approach as needed to ensure consistency with your current Credit Memo, cash flow calculations, and assumptions.
3. SLA’s & Quality Assurance
Service level agreements are communicated, and prioritization matrix is established. In addition, each bank is assigned a Senior Underwriting Manager as primary point of contact to ensure open lines of communication and high quality assurance.
Underwriting Team
The Lenders Cooperative credit underwriting team is composed of of highly experienced and knowledgeable professionals with decades of experience in C&I, CRE, and SBA lending. The underwriting team is comprised of professionals with extensive experience.
Ready to take the next step?
Learn more about our Credit Underwriting and connect with one of our expert lending professionals today!