Afternoon folks,
I've got a case interview coming up this week for a local REFin group. Most of their work appears to be construction loans, but the job description also mentions land, infra and mortgage allowances. I was wondering if any one here would be willing to share past experiences of cases similar to this.
I've not put a loan underwriting case together before so I'm curious how I should approach this, what information I should make most prevalent and general underwriting best practices. My assumption is that they'll give me information on the property, basic loan info and inv/op/rev assumptions and I'll be expected to put together a development model. Do you think I'm on base with that?
Thanks,
PDG
