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Ruiz Herbert posted an update 2 years, 10 months ago
The role of Construction Loan Administrator is to oversee the life of a loan. Whether the transaction is for a new home or a renovation project, the role requires hands-on management and coordination of disbursements. Tasks include site inspections, approving drawing requests, and performing budget analysis. The role also includes involvement in…[Read more]
Ruiz Herbert posted an update 2 years, 10 months ago
If you’ve been in the business of administration construction loans, you’ve probably started out with a spreadsheet. Spreadsheets are inexpensive and easy to implement. But as your volume of monthly transactions increased, you found that spreadsheets were not enough to keep up with the growth. You may now need to create and manage multiple loan…[Read more]
Ruiz Herbert posted an update 2 years, 10 months ago
If you manage a construction project, you probably know how much paperwork is involved. The process can be stressful and entailed by hundreds of documents, spreadsheets, and tens of emails. If you don’t have a centralized tool to keep track of everything, you can’t be sure you’ll complete your work on time. With a construction loan management…[Read more]
Ruiz Herbert posted an update 2 years, 10 months ago
Although loan participation is not a new concept for banks, it has lacked automation. This manual process involves long loan documents that must be reviewed and verified by a human. Moreover, due to the high number of transactions, this method is inefficient and slow. Fortunately, automation has now penetrated nearly all areas of life and…[Read more]
Ruiz Herbert posted an update 2 years, 10 months ago
If you’re looking for a way to verify a debt online, Radius is a great option. They offer no monthly fees and unlimited ATM fee reimbursement. They also have online, phone, and live chat banking services. Unlike other online banks , Radius allows you to manage your account from any location. If you don’t have an account with them yet, consider…[Read more]
Ruiz Herbert posted an update 2 years, 10 months ago
If you’re looking for a way to verify a debt online, Radius is a great option. They offer no monthly fees and unlimited ATM fee reimbursement. They also have online, phone, and live chat banking services. Unlike other online banks , Radius allows you to manage your account from any location. If you don’t have an account with them yet, consider…[Read more]
Ruiz Herbert became a registered member 2 years, 10 months ago