Description
When evaluating a loan request, one of the risks banks consider has to do with contamination of the environment. In this course, learners will examine the role of the environmental assessment process in the CRE lending decision process.
Environmental Assessments is one of the courses in RMAs Commercial Real Estate Lending Decision Process (CRE-LDP) library.
Produced by the Risk Management Association
Audience:
Learning Objectives
After completing this course, students will understand:
- Explain the environmental assessment process and requirements to a customer
- Identify the level of environmental assessment required for a loan request to move forward
- Determine if further environmental investigation will be required