Set yourself apart and be recognized by the industry and your peers with AAPL’s Certification Program.
The CPLA Certification Program ("Certified Private Lender Associate") is designed to provide a comprehensive overview of the principles and the federal laws and regulations surrounding private real estate lending. CPLA Certification is the first step toward achieving a professional designation with AAPL, and is a pre-requisite for achieving CCPL (Certified Commercial Private Lender), CRPL (Certified Residential Private Lender), and CPLFM (Certified Private Lender Fund Manager) professional designations.
As part of our commitment to education, AAPL launched its Certification Program as part of the 2011 Conference. AAPL is currently working on its next CPLA opportunity. For questions or additional information, please contact Timothy Bricker at tbricker@aaplonline.com or (267) 761-2669.
Next Time & Location: To Be Determined
CPLA Program Benefits
- Achieve industry recognition and set yourself apart from your peers
- Gain an up-to-date understanding of the federal laws and regulatory issues specifically affecting the private lending industry
- Develop a strong foundation and techniques for better underwriting and servicing of loans
- Ensure your business and documentation are in compliance and adhere to best practices
NOTE: Successful completion of the CPLA Program is a pre-requisite for achieving CCPL, CRPL, and CPLFM professional designations.
Who Should Attend
- Private lenders and brokers who seek to set themselves apart
- Employees of private lending companies
- Anyone interested in becoming a private lender or involved in the industry
- Anyone interested in selling or fractionalizing notes to investors
CPLA Course Schedule
9:30 am – 11 am | Private Lending Loan Underwriting – Level 1 (CPLA100) |
11 am – 12:30 pm | Loan Servicing & Collections – Level 1 (CPLA101) |
12:30 pm – 1 pm | Break – Lunch Served |
1:00 pm – 3 pm | Federal Private Lending Compliance (CPLA102) |
3 pm – 3:30 pm | Break |
3:30 pm – 4:30 pm | Loan Servicing & Collections – Level 1 (CPLA101) |
4:30 pm – 5:30 pm | Whole & Fractionalized Loan Sales & Mortgage Pools (CPLA104) |
CPLA Course Material
Private Lending Loan Underwriting – Level
Course Name: CPLA100
Course Instructor: Wallace Groves, Executive Director & Timothy Bricker, Executive Director
Course Length: 1 ½ hours
Course Overview: An introduction into essential loan underwriting standards and concepts.
Loan Servicing & Collections – Level I
Course Name: CPLA101
Course Instructor: Timothy Bricker, Executive Director
Course Length: 1 ½ hours
Course Overview: An introduction into essential loan servicing standards, practices, and concepts.
Federal Private Lending Compliance
Course Name: CPLA102
Course Instructor: Anthony Geraci, Executive Director
Course Length: 2 hours
Course Overview: A comprehensive overview of federal laws and how they affect owner-occupied, non-owner-occupied, construction and commercial properties. The course will give a detailed overview of the Truth-in-Lending Act, HOEPA, RESPA, ECOA, Graham-Leach-Bliley Act and the Patriot Act. This is considered an essential compliance course for the Private Lender to be involved in.
Commercial & Residential Loan Documentation – Level I
Course Name: CPLA103
Course Instructor: Anthony Geraci, Executive Director
Course Length: 1 hour
Course Overview: An introduction into the documentation of commercial and residential lending transactions and the legal documentation.
Whole & Fractionalized Loan Sales & Mortgage Pools – Level 1
Course Name: CPLA104
Course Instructor: Anthony Geraci, Executive Director
Course Length: 1 hour
Course Overview: An introduction to the concept of selling notes to private investors and a review of essential information you should give to your investor.
CPLA Certificate Requirements
A CPLA certificate is awarded upon completion of the five required courses, each with a passing grade of 75% or above.
