Indirect Dealer Loan Policy
The purpose of this Indirect Dealer Loan Policy Template is to address indirect dealer loan products, underwriting, and related lending operations of a bank, credit union, fintech company, or other type of financial institution. In general, indirect loans are retail loans that are granted elsewhere from a seller of retail goods (dealer) to finance the purchase of retail products and then subsequently purchased by a financial institution.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Lending Arrangement Structure – Topic 3
- General Underwriting Guidelines – Topic 4
- Risk Management of Auto Dealers – Topic 5
- Manufactured Home Dealer Financing Program – Topic 6
- Audit Policy – Topic 7
- Staff Training – Topic 8
- Retention of Documentation – Topic 9
This Indirect Dealer Loan Policy Template (approximately 13 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
NOTE: The complete contents of this product are also included in the Commercial Loan Policy Template.
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