Visit Provident Bank website at www.myprovident.com * * * * Visit Provident Bank Mortgage website at www.pbmwholesale.com

This Website is informational for Commercial Class schedule & details and also to offer helpful
Commercial Property calculation tools for Mortgage Brokers and Real Estate Agents.
The worksheets are for informational purposes only, final loan amounts, rates etc, will be determined by formal underwriting and property appraisals.

Contact: Gina Koenen
Vice President, Commercial Loan & Marketing Officer
E-mail: gkoenen@myprovident.com

Helpful Tools for Brokers to Calculate Max Loan Amounts & Debt Cover, etc:

**Rate Quote Request Form

Max Supported Loan Amt & DCR Worksheet

Provident Bank CRE & MF Rate Sheet

Broker Applications & Forms

Commercial Real Estate Basics - WEB CLASSES - NOW AVAILABLE!!

Click here to open Current Calendar & Register NOW!: Provident Training Calendar


Now offering the following classes:

Level 1 - Commercial Real Estate Lending Basics (approx 2hrs)

Level 2 - Live Case Scenarios & Further Current Market Hurdles (approx 90minutes)

Both levels are a valuable asset for new residential agents crossing over to commercial or as a refresher course and current market update.

Here is a basic outline of the items we will cover in LEVEL 1:

• Differences between residential lending and commercial lending
• Differences between residential appraisals and commercial appraisals, including cost, type and time frame & why
• How banks prequalify different properties, debt coverage ratio, loan to value and what determining factors are
• How to calculate debt coverage ratio – simple worksheet provided
• Taking the complication out of commercial lending and empowering the brokers from the start
• The timeline from start to finish on a commercial loan, and understanding the pieces
• Creating the team
• Open forum / questions

Here is a basic outline of the items we will cover in LEVEL 2:
This class has been designed to follow the Level 1 Commercial Real Estate Basics Class
Level 2 will cover real case scenarios of Commercial and Multi-Family listings.
We will pull live listings from the web and run through the worksheets to determine maximum loan amount properties qualify for, how rate would apply for each property type, cap rate income value and debt cover.
We will review cap rate value and DCR at a minimal level, (For extensive review please register for Level 1 class first)

We will also discuss
• Different borrower types – strength & weaknesses in financials
• Current Net worth issues
• How banks prequalify different properties, debt coverage ratio, loan to value and what determining factors are
• General Current Cash reserves requirements
• Property Condition Requirements
• Current Market Hurdles
• Open forum / questions

Both Classes are devliered in a very simplistic down to earth manner , empowering the agents to understand the basics and begin using the
tools immediately after the session.

These Classes are valuable for any new real estate agent or even a seasoned agent that would like to have some clarity
on the banking terms, and basic banking guidelines. It will aid in teaching what the banks are looking for, why many loans
are very difficult to get funded, what creative avenues are out there for your clients, assist them in finding the right fit
property and the right fit loan and much more.

Both Classes are approx 2 hours and are free of charge, courtesy of Provident Bank. We will supply handouts.

WEB CLASSES - NOW AVAILABLE!! - Click here

If you are interested in scheduling a Web Class online for your group,
Please email me at gkoenen@myprovident.com

Typical Class length is 2 hours and is very basic and easy to follow.

This class is recommended for Real Estate agents and Mortgage Brokers

Gina Koenen
Vice President, Commercial Loan & Marketing Officer
Email: gkoenen@myprovident.com

www.myprovident.com

For Current Commercial Rates - Click here - www.pbmwholesale.com

Class Materials -
These files are password protected & password will be provided during online classes.
For Information on Web Class dates or to schedule one for your group, email me at gkoenen@myprovident.com

CRE Powerpoint

CRE Handouts/Misc