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Walls Berntsen posted an update 2 years, 10 months ago
Streamlining the loan participation process is crucial to managing credit concentration risks, reducing processing costs and increasing efficiency. BankLabs’ end-to-end loan participation software, Participate, automates workflow and cuts weeks from the slow origination process. This innovative solution helps banks increase liquidity and…[Read more]
Walls Berntsen posted an update 2 years, 10 months ago
A Construction Loan Administrator is responsible for facilitating and closing construction transactions. This person also facilitates disbursements throughout the life of a construction loan. The job requires hands-on management of the loan, including site inspections, budget analysis, and third-party reports. The individual is also expected to…[Read more]
Walls Berntsen posted an update 2 years, 10 months ago
If you’re in the business of building new houses, you know how stressful it can be. The construction loan application process can be filled with hundreds of documents, spreadsheets, tens of emails, and PDFs. By using a centralized platform for construction loan management, you can streamline the process and save time. If you’re not sure where to…[Read more]
Walls Berntsen posted an update 2 years, 10 months ago
To manage your construction loans, it is essential to use a robust construction loan management solution. This software can streamline your loan application process and provide up-to-date reporting and regulatory compliance. It can also track critical draw disbursements and project progress. With a centralized platform, you can keep track of all…[Read more]
Walls Berntsen posted an update 2 years, 10 months ago
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]
Walls Berntsen became a registered member 2 years, 10 months ago