Lutz Jacobs

Many construction loan administrators have a spreadsheet on hand. It is simple, affordable, and accessible. As the volume of loans increased, spreadsheets proved to be ineffective, and users had to manually calculate interest. To make things easier, a Construction Loan Manager can be used instead. This software automates loan processing

Among the many responsibilities of a construction loan administrator, closing construction transactions is the most important task. The job also involves the coordination of hand-on management of the loan, including site inspections, drawing requests, budget analysis, and third-party reports and documentation. This role is critical in keeping your construction loan

Loan participation software allows participating banks to connect with one another. The software keeps track of all transactions, such as the pro-rata share each participant has in the loan, and can send reports to a third party specialist when needed. It also makes the entire loan participation process faster and

Traditional loan participation processes have been time-consuming, inefficient, and cumbersome. Typically, these processes involve long loan documents and take a lot of time to review. But with new technologies, these processes can become much faster and more transparent. Here's what you can expect from new technologies. Learn how they will

Construction loan management software allows you to keep track of your project from start to finish. The built platform automates draw and lien management processes and helps reduce project delays and payments to stakeholder. It provides unprecedented portfolio insight and connects all key players through a central hub. Whether you're