In one sentence
A reusable, reviewed checklist for a loan type that each new deal starts from and extends for its specifics.
The longer version
A template captures the ninety percent of items that recur on every loan of a type, so closers start built rather than blank. It is the mechanism behind checklist standardization and consistent quality.
Templates by deal type are how lending teams get consistent coverage without depending on which closer caught the deal.
In Prodeal
Templates per loan type mean each deal opens most of the way built, with the standard request list, structure, and owners already in place.
Common questions
- What is a closing checklist template?
- A reusable, reviewed checklist for a loan type that each new deal starts from and extends for its specifics.
- Why use templates for closing checklists?
- Because lenders close the same deal types repeatedly. Starting from a template avoids rebuilding the list and missing standard items.
- How often should templates be updated?
- Whenever credit policy, forms or lessons from recent closings change what a deal type needs, so every new deal inherits the fix.
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