Content & Overview for Section 1

Resources for Section 1 - RMLs vs. CMLs - Borrowers & Signers

  1. Video - 12:00 minutes
  2. PDF - 17 Pages (Downloadable)



Lecture Notes

The borrower component

What is an entity?

List of common business entities

Graphic of entity types

Non-commercial entities

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