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Construction Loan-in-process Course Overview

This construction loan-in-process course focuses on construction lending, primarily from a bank’s point of view. It is the third and final course in the three-part series and should be taken after Construction Finance Fundamentals and Structuring a Construction Loan. This course discusses the payment cycle, how holdback or retainage clauses are applied, and various legal tools related to construction payments. Later in the course, we will discuss the loan monitor’s role, change order and contingencies, what to do when the project fails, and briefly describe title insurance.  

Construction Loan-in-process Learning Objectives

Upon completing this course, you will be able to:
  • Understand the construction payment cycle and process
  • Explain how holdbacks or retainage are applied and why
  • Grasp legal tools related to construction payments such as liens, statutory declarations, and prompt payment legislation
  • Appreciate the loan monitor’s role in payment processing and loan disbursements
  • Address strategies and processes for non-performing loans
  • Understand title insurance and why it’s important

Who should take this course?

This course was created for current and aspiring professionals working in commercial banking roles, focusing on the real estate development industry. It is also useful for anyone exploring the intricacies of construction lending. Taught from the lender’s perspective, this course provides a solid foundation of the lending process for construction development loans and would also provide key takeaways for mortgage brokers and related industry advisors.    

Construction Loan-in-Process

Led by Kathy Poettcker
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Level 3

Approx 1.5h to complete

100% online and self-paced

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This Course is Part of the Following Programs

Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.

Commercial Real Estate Finance Specialization
  • Skills Learned Real Estate Lending, Real Estate Financial Modeling, Construction Finance, Environmental Analysis and Due Diligence, Lease and Rent Roll Analysis
  • Career Prep Credit Analysts, Risk Manager & Credit Adjudicator, Private Real Estate Lenders, Real Estate Investors and Advisors, Commercial Mortgage Brokers, Commercial Relationship Managers

Learner Reviews

Informative and well presented.


Highly recommended
Highly recommended course for Construction Loan in process

Jayakrishnan Murukappan

CFI is the future
I really appreciate this opportunity

Zanele Stokwe

Construction Loan in Progress
All you need to understand payment cycle. From the purchase of land to the finished asset

Vidal Essola

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All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, Microsoft Suite (2016 or newer), and a stable internet connection. Click here to view the Technical Requirements
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Students are required to complete an online assessment (Multiple choice questions, Fill-in-the-Blanks, and Excel Questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 80% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need. Students are also required to complete the FMVA® final exam to earn their certification. How to Take a Qualified Assessment
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