Construction Loan-in-Process

Construction Loan-in-Process
Corporate Finance Institute (CFI) on-demand courses are designed for finance professionals and industry practitioners who want to master the art of corporate finance. The courses move through three levels of mastery for anyone looking to be an expert in financial modeling, valuation, and financial analysis. Participants typically include professionals in entry to mid-level positions in financial planning and analysis (FP&A), corporate development, treasury, investor relations, and capital markets. All participants are automatically issued certificates of completion after successfully finishing each course.

NOTE: Course login details are normally sent to registrants within one week from date of registration.


This Construction Loan-in-Process course focuses on construction lending, primarily from a bank’s point of view. It is the third and final course in the three-part series, and should be taken after Construction Finance Fundamentals and Structuring a Construction Loan. In this course, we discuss the payment cycle, how holdback or retainage clauses are applied, and various legal tools related to construction payments.

Later on in the course, we will discuss the loan monitor’s role, change order and contingencies, what to do when the project begins to fail, and briefly describe title insurance.

Upon completing this course, you will be able to:

  • Understand the construction payment cycle and process
  • Explain how holdbacks or retainage are applied and why
  • Grasp legal tools related to construction payments such as liens, statutory declarations, and prompt payment legislation
  • Appreciate the loan monitor’s role in payment processing and loan disbursements
  • Address strategies and processes for non-performing loans
  • Understand title insurance and why it’s important
CPD- 1 Hour
4/1/2022 - 3/31/2023 11:59 PM