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Review Scope and Sample Identification

Review period and portfolio segment documented

Record the review period, portfolio type, and any segmenting criteria used for the sample.

Sample selection method documented

Identify how the sample was selected.

Note (optional)

Loan identifiers and file list captured

List the loans included in the review, using internal loan IDs or masked borrower references.

Reviewer independence confirmed critical (required)

Confirm the reviewer is independent of loan origination and ongoing credit administration for the items reviewed.

Yes No N/A

Underwriting Quality Review

Borrower repayment capacity supported by current financial analysis critical (required)

Verify that the file contains sufficient analysis of cash flow, debt service capacity, or repayment source appropriate to the loan type.

Yes No N/A

Collateral valuation and advance rate supported

Confirm collateral values, appraisal or valuation support, and advance rates are reasonable and documented.

Yes No N/A

Guarantor or secondary repayment support reviewed

Confirm guarantor strength, support, or other secondary repayment sources were evaluated where applicable.

Yes No N/A

Loan structure aligns with approved credit policy critical (required)

Assess whether amortization, maturity, covenants, and structure are consistent with policy and approval authority.

Yes No N/A

Underwriting exceptions documented and approved critical (required)

Confirm any deviations from policy were clearly identified, approved by the proper authority, and retained in the file.

Yes No N/A

Documentation and File Completeness

Executed note and core credit agreements present critical (required)

Confirm the executed promissory note and any required credit agreements are in the file.

Yes No N/A

Collateral perfection documents present critical (required)

Verify UCC filings, mortgage documents, lien releases, or other perfection documents are present as applicable.

Yes No N/A

Financial statements and tax returns current

Confirm required borrower financial statements, tax returns, or other periodic reporting are current per policy.

Yes No N/A

Insurance evidence current and adequate

Verify required insurance certificates, coverage limits, and loss payee language are current and adequate.

Yes No N/A

Missing or stale documents listed

Document any missing, expired, or incomplete items identified during the file review.

Risk Rating Accuracy and Credit Quality

Current risk rating matches observed credit profile critical (required)

Rate the alignment between the assigned risk rating and the borrower’s current financial condition, performance, and collateral support.

Payment performance reviewed

Confirm delinquency, past due status, nonaccrual status, or other payment trends were reviewed.

Yes No N/A

Adverse trends or watchlist indicators identified

Determine whether any adverse trends, covenant breaches, collateral deterioration, or watchlist indicators are present.

Yes No N/A

Risk grade change recommended critical (required)

Select whether a risk rating change is recommended based on the review.

Note (optional)

Policy Exceptions, Findings, and Sign-Off

All policy exceptions captured critical (required)

Confirm all identified policy exceptions were documented with rationale, approval, and remediation status.

Yes No N/A

Findings severity assigned

Classify the overall finding severity for this loan review.

Note (optional)

Corrective action owner assigned

Identify the person or team responsible for remediation of any findings.

Target remediation date

Enter the target date for completing corrective action, if applicable.

Reviewer signature critical (required)

Independent reviewer attestation and sign-off.

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Run: Internal Loan Review Audit

Review Scope and Sample Identification

Underwriting Quality Review

Documentation and File Completeness

Risk Rating Accuracy and Credit Quality

Policy Exceptions, Findings, and Sign-Off

Get your results