May ask you the 5 Cs of credit. Maybe how you would evaluate a certain type of RE deal? Multi-family, Office, Retail, residential condo, etc. answers are fairly easy, you’d look at leverage (lower leverage is more friendly to the bank), Guarantor Support (if any, completion or carve out guaranties are increasingly popular with bigger institutions), Construction timeline (if any, some loans are for already built and stabilized assets), DSCR (a big one, I’d understand this thoroughly), debt yield, or if it is for sale condos/ single family/ resy lots how much there planning to sell them for and at what point bank would be paid back (release prices per unit are set at underwriting stage). Really what they’ll want to understand are do they see you going into an originator role/ relationship manager role which is really more a sales role than anything as you need to develop relationships with Developers, brokers, REPE to get looks at deals. Sounds intimidating but If your at a big enough bank these relationships eventually fall into your lap and it’s not hard to find new ones as everyone has multiple banking relationships and usually bids each project out to multiple banks.
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EDIT: “capital markets” not markers
May ask you the 5 Cs of credit. Maybe how you would evaluate a certain type of RE deal? Multi-family, Office, Retail, residential condo, etc. answers are fairly easy, you’d look at leverage (lower leverage is more friendly to the bank), Guarantor Support (if any, completion or carve out guaranties are increasingly popular with bigger institutions), Construction timeline (if any, some loans are for already built and stabilized assets), DSCR (a big one, I’d understand this thoroughly), debt yield, or if it is for sale condos/ single family/ resy lots how much there planning to sell them for and at what point bank would be paid back (release prices per unit are set at underwriting stage). Really what they’ll want to understand are do they see you going into an originator role/ relationship manager role which is really more a sales role than anything as you need to develop relationships with Developers, brokers, REPE to get looks at deals. Sounds intimidating but If your at a big enough bank these relationships eventually fall into your lap and it’s not hard to find new ones as everyone has multiple banking relationships and usually bids each project out to multiple banks.
Quis aliquam a facilis voluptates ut saepe et. Ea aut ex similique minima. Temporibus id saepe cum non.
Inventore et maiores modi. Enim ut sunt tenetur fuga quas. Ex quam quod sit.
Enim illum sunt dolores et mollitia voluptate quia. Saepe sed rerum et illo. Aspernatur numquam expedita aliquid ut deserunt nisi. Ut alias est molestiae officia nam. Ratione rerum dolorem corrupti facilis ut saepe aut amet. Voluptas rerum velit quia laboriosam rerum. Odit magnam molestiae nam impedit iure ipsam.
Est omnis qui dolorem in. Sequi sed repudiandae alias ducimus sunt qui placeat. Accusamus ab voluptates architecto consequuntur delectus accusantium. Et molestiae distinctio labore est eveniet eum ratione assumenda. Dolores est qui aspernatur et vitae ut quia.
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