Member Business Loan Underwriting made Easy

When it comes to Member Business Loans, Ancram Consultants understands that Credit Unions must adhere to strict guidelines. We follow an underwriting process that will stand up to regulatory scrutiny. We're happy to pre-screen loans at no cost to you to help you make quick decisions. 

Our underwriting process focuses on NCUA guidelines and includes:

• Focusing on the Borrower's financial condition and ability to repay
• Income and expense trends
• Debt service ability
• Balance sheet changes and the impact of changes affecting the Borrower's ability to service debt
• Evaluation of related parties and the influence those parties have on a Borrower's ability to repay a loan
• Evaluating other sources of income or losses that affect the Guarantor(s) or Principal(s) global financial condition and the debt service ability of a Borrower and any Associated Borrowers
•  Review financial projections to ensure that a Borrower is actually planning and managing operations to achieve future goals
• Address the quality of the Borrower's financial information used to make a credit decision and make sure sufficient verification has been performed
• Perform a full evaluation of collateral used to secure a loan and verify LTV ratio limits and DSCR requirements
• Verify that all appraisals adhere to NCUA 722
• Verify that the loan falls within all loan covenants
• Assign a risk rating to the underwritten loan based on the Credit Union's Risk Rating System

Ancram Consultants understands that not everyone specializes in Member Business Lending. Rest assured that our team has years of experience, and we will dig deep into each loan file and present you with a detailed report that is easy to understand and covers all regulatory requirements. 

Ancram Consultants understands that not every Credit Union is the same. We will work with your organization to create custom reporting designed to your specific needs, and we can do this at no additional cost to you. 

Ancram Consultants understands that opportunities need to be addressed quickly. We have a team ready to handle any size assignment and we can deliver our findings based on your timing. 

Whether your collateral consists of a multifamily property, office building, industrial property, hotel, or a marina, our team has seen it all! We will carefully evaluate the Subject property as well as evaluate the market and how similar properties are performing. We take care in gathering market research to assist you in your decision. 

Ancram Consultants doesn't just underwrite the loan and deliver the report. We take our relationships with Credit Unions seriously and consider it an honor when we receive repeat business. Once your reports are completed, we will schedule a roll-up call and discuss our findings with your team.