Credit Evaluation School - May 2023

Internal Use Only

Commercial Loans – Commercial Real Estate

Primary Documents Required: • Promissory Note • Articles of Incorporation • Assignment of Leases & Rents • Appraisal & Appraisal Review • Title Insurance Commitment/ Preliminary Lien Search • Agreement to Provide Insurance

• Borrowing Resolution • Mortgage/Deed of Trust • Commercial Lease Agmt. • Title Insurance Policy/ Title Opinion • Guarantees • Financial Statements

Internal Use Only

Agricultural Loans – Working Capital & Equipment

What is it: Loans for the purpose of financing agricultural production and equipment. Typical loans within this category are for: growing, storing, or marketing of crops, breeding, raising, fattening, or marketing of livestock, financing fisheries, forestry's, and commercial fishermen, and purchase or maintenance of farm machinery, equipment, and implements.