Loan auditing : Commercial Loan Forensic

We have utilized our collective of over 50 years experience in commercial lending and created a complete solution for Commercial Borrower. The current market place has rendered many of these loans in a critical situation and most banks ill equipped or unwilling to provide a viable solution to the Borrower.

Our solution was designed to provide a complete analysis of the asset and a clear resolution path for the lender. This solution has been broken down in to three steps and they are as follows:

Step 1 - Forensic Audit of the entire Commercial Loan file. This includes a detailed review by one of our seasoned professionals of the entire loan package to confirm that the loan was originated and documented correctly. This is also used as a preliminary evaluation of the loan itself.
Step 2 - Financial Model - We recreate the original financial model of the asset and compare it the current and actual model. This is used as a means of establishing a current value of the asset based on income and for establishing a loan affordability benchmark.
Step 3 - Loss Model - This is the final step of our process and where we create a true picture of the foreclosure process for the lender. We identify all of the pitfalls of converting the asset to an REO as well as the timelines and costs associated with this final measure. We compare these points with the benefits of working with the Borrower and keeping him in the asset.

With our solution, the Borrower or their representative is completely equipped with all of the tools necessary to persuade the Lender that working with them is the most viable option.

Call Forensic First and allow us to provide the solutions you need.

	Forensic First Group 17284 Newhope Street Fountain Valley, CA 92708 >> contact us <<	We have utilized our collective of over 50 years experience in commercial lending and created a complete solution for Commercial Borrower. The current market place has rendered many of these loans in a critical situation and most banks ill equipped or unwilling to provide a viable solution to the Borrower. Our solution was designed to provide a complete analysis of the asset and a clear resolution path for the lender. This solution has been broken down in to three steps and they are as follows: *Step 1 - Forensic Audit of the entire Commercial Loan file.* This includes a detailed review by one of our seasoned professionals of the entire loan package to confirm that the loan was originated and documented correctly. This is also used as a preliminary evaluation of the loan itself. *Step 2 - Financial Model -* We recreate the original financial model of the asset and compare it the current and actual model. This is used as a means of establishing a current value of the asset based on income and for establishing a loan affordability benchmark. *Step 3 - Loss Model -* This is the final step of our process and where we create a true picture of the foreclosure process for the lender. We identify all of the pitfalls of converting the asset to an REO as well as the timelines and costs associated with this final measure. We compare these points with the benefits of working with the Borrower and keeping him in the asset. With our solution, the Borrower or their representative is completely equipped with all of the tools necessary to persuade the Lender that working with them is the most viable option. Call Forensic First and allow us to provide the solutions you need.

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