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BEST SELLING PRODUCTS
Muir Shaffer posted an update 2 years ago
With the introduction of construction loan management software, a bank can streamline the process of construction loan management and keep track of their portfolio at a single place. The software enables a borrower to view up-to-date reports and keeps track of approvals in a central location. Digital project budgets and draw schedules…[Read more]
Muir Shaffer posted an update 2 years ago
One of the most important aspects of construction loan management is keeping track of lien activities. With a software program like Built, you can keep tabs on all lien related activities, such as conditional and unconditional release of liens, as well as invoices by project. This software program also keeps track of surfacing issues and helps you…[Read more]
Muir Shaffer posted an update 2 years ago
BankLabs recently introduced a new website that allows users to access a free trial of Participate loan participation software. Once you’ve downloaded the program, you can upgrade to the full version at any time. The website also offers digital subscriptions, which you can access any time. Once you’ve registered, you can access the software and…[Read more]
Muir Shaffer posted an update 2 years ago
A Construction Loan Administrator is a critical member of the lending team. Their job entails overseeing the process of closing construction transactions and facilitating the disbursement of funds during the life of the loan. A typical day in the life of a construction loan includes overseeing site inspections, drawing requests, budget analysis,…[Read more]
Muir Shaffer posted an update 2 years ago
A construction loan spreadsheet is a useful tool to track important aspects of the construction process. It helps the administrator keep track of the costs of the construction project, including labor, materials, and labor costs, as well as the interest expense that is incurred. The more detailed the spreadsheet, the more valuable it is to the…[Read more]
Muir Shaffer became a registered member 2 years ago