First National has an internal group specializing in the purchase and servicing of golf course loans. We can help you reduce the risk of carrying golf course loans in your portfolio. Our loan purchasing programs are effective for banks of all sizes seeking to refine their segment or concentration strategies, or to increase liquidity.

Lending to golf course owners and operators for over twenty five years, the First National team understands the business of golf and the business of portfolio management. We are a nationally recognized investment and due diligence firm concentrating on golf course loans, so we are well positioned to help you with loans in this specialty asset class.

Whole Loans and Portfolios
First National can purchase any type of golf course loan you have in your portfolio, including those to daily fee, semi-private and private courses, as well as those to golf course developers. We will consider loans on properties anywhere throughout the continental United States. We have the ability to offer competitive pricing on a whole loan or portfolio basis.

Workouts
First National can work with you on a cooperative underwriting basis to assist your institution and your client where the need is present, to help them finance or refinance their golf course related assets. This would provide you with the opportunity to service your client’s needs by providing the financing of a unique risk asset class.

Impaired Assets
First National has an internal group of experienced specialized golf course operation advisors that can assist in the handling of defaulted or delinquent golf course assets; working with court appointed trustees, attorneys, and accountants to manage impaired loans to golf courses and residential golf community developments. Our experts can help you at any stage, including valuing golf course properties, offering reasonable workout options, proposing realistic debt re-structuring alternatives, providing loan servicing, and managing the debt and fund distribution.

Loan Servicing
In addition to our role as a lender, First National services its loans. Because we are well acquainted with the nuances of this particular asset class, we are happy to offer specialized loan servicing to other institutions. Our programs can offer you a cost-effective alternative to in-house servicing and help you provide enhanced customer service.

Advisory services
We can also assist you in evaluating potential golf course lending opportunities. Call First National to augment your in-house knowledge base. You can trust us to deliver a thorough, pragmatic, and realistic assessment of the golf property and the revenue streams the facility can generate.