Strange Joyce

The process of facilitating the closing of a construction transaction can be extremely time consuming. A Construction Loan Administrator is responsible for coordinating and tracking disbursements throughout the life of the loan. Their primary role is to coordinate hands-on management of the loan. This includes managing site inspections, drawing…[Read more]

The purpose of Loan participation software is to simplify and streamline loan origination and participation processes. With this software, participants can manage their loans from a single platform. The account documents and loan information are automatically digitized and accessed from all participating banks. They can also review and save the…[Read more]

Construction loan administration software streamlines the entire disbursement process for construction loans. The software allows borrowers to make payments to contractors electronically via ACH or by physical check. Transactions are tracked and approved within the platform, reducing the risk of a lien not being submitted for a loan. The platform…[Read more]

A Construction Loan Administrator is a professional responsible for administering a portfolio of construction loans. This role involves maintaining beneficial liaisons with customers, Relationship Managers and outside professionals, and coordinating hand-on management of the loan portfolio. The position also entails site inspections, drawing…[Read more]

The construction loan process requires a significant amount of documentation, which can be extremely stressful for the borrower. In addition to hundreds of PDFs, spreadsheets, and tens of emails, the entire process can also involve multiple stakeholders. By leveraging a construction loan management software, borrowers can ensure that everything is…[Read more]