Content & Overview for Section 1
Resources for Section 1 - RMLs vs. CMLs - Borrowers & Signers
- Video - 12:00 minutes
- PDF - 17 Pages (Downloadable)
The borrower component
What is an entity?
List of common business entities
Graphic of entity types
Powers of Attorney in CMLs
Signers? Aren’t the borrowers also the signers?
Other types of signers
Handout: Borrowers & Signers
Spouses and sellers
Key man policy
Handout: Graphic of entity types
Handout: Comparing the standard components