Ware Hay

For many years, loan participations have been transacted through brokers. This model provides sellers with access to a small pool of buyers, which often results in suboptimal pricing. Adding up all of the costs of upfront transaction fees and time-consuming due diligence, as well as the manual processes involved in the process, creates operational…[Read more]

Construction loan software is an effective solution for streamlining the approval process for construction loans. The software will keep track of liens and the status of the release, as well as the invoices by project. It will also automate the reconciliation of digital draw schedules and project budgets. It will help speed up the approval process…[Read more]

LendKey first started serving financial institutions after the Great Recession, when banks and credit unions were flush with deposits and few opportunities to grow originations or accumulate assets. The company has spent the last decade optimizing its managed loan participation programs. Most recently, the company launched the ALIRO private deal…[Read more]

Using construction loan software simplifies the approval process for a loan and ensures that the process is streamlined from start to finish. It collects and tracks all necessary approvals in one central location, reducing time and effort for stakeholders. Detailed reporting capabilities help determine the status of any loan and can streamline the…[Read more]

With the increasing complexity of today’s market, managing construction loans can be expensive and risky. Managing loans manually involves multiple steps, errors and losses of time. Furthermore, banks can create poor customer experience. To mitigate these risks, you should choose construction loan management software that will automate payment and…[Read more]