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Lindholm Rooney posted an update 2 years, 11 months ago
A key benefit of loan participation technology is that participants can view their own credits in a central database. In the past, participants relied on the lead institution for updates on each relationship, but newer versions of this software can help them review their credit history on their own. While the lead institution still controls the…[Read more]
Lindholm Rooney posted an update 2 years, 11 months ago
A construction loan spreadsheet contains four columns: source, uses, and payments. The first column should list the total project costs. The second column should list the interest rate. Divide this figure by twelve to determine the monthly expense. The higher the interest expense, the greater the amount of funds lent. If you’re looking to avoid…[Read more]
Lindholm Rooney posted an update 2 years, 11 months ago
banks of construction loan management software is becoming more common as a way to streamline the process of managing a construction loan portfolio. Designed to make the process of processing and reviewing draws easy, the software provides real-time information and helps lenders identify and mitigate risks. Built can also be used to track who is…[Read more]
Lindholm Rooney posted an update 2 years, 11 months ago
A construction loan spreadsheet can be used to track all the loans that a company has obtained. It can also be used to calculate interest over time and keep a running total of the total amount spent for the entire construction project. banks should also record the number of jobs that are retained after the commitment has been fulfilled. In…[Read more]
Lindholm Rooney posted an update 2 years, 11 months ago
Building a construction loan spreadsheet can be an extremely beneficial tool for any real estate investor or developer. It allows you to track project performance indicators, loan volume, and many other factors. When you use a construction loan spreadsheet, you can also easily provide lenders with the required data and fill in the rounding issues.…[Read more]
Lindholm Rooney became a registered member 2 years, 11 months ago