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Vinding Deleon posted an update 2 years, 6 months ago
With the advent of loan participation automation, the process of managing the flow of customer documents will be streamlined. Previously, the task of managing the flow of documents was unmanageable. New documents flood into the bank each year, and they must be manually scanned and distributed. Today, a loan participation automation system will…[Read more]
Vinding Deleon posted an update 2 years, 6 months ago
If you’re considering joining the lending industry, you’ve probably wondered how to streamline loan participation. In many cases, a software platform can simplify this process, which can also help manage credit concentration risk. Using such software will streamline your operations and streamline the management of participating banks. Here are…[Read more]
Vinding Deleon posted an update 2 years, 6 months ago
A construction loan management software will streamline the process of disbursing and tracking capital. Whether you have a small team or hundreds of employees, it will provide you with real-time information to ensure compliance and track project progress. This software also allows you to share and manage information with your team. By combining…[Read more]
Vinding Deleon posted an update 2 years, 6 months ago
The role of a Construction Loan Administrator is an important one, assisting lenders and borrowers during all stages of a construction transaction. The Administrator coordinates the hand-on management of the loan, including site inspections, drawing requests, budget analysis, and reviewing third party reports and other documentation. Other duties…[Read more]
Vinding Deleon posted an update 2 years, 6 months ago
A construction loan spreadsheet can be very helpful to borrowers and lenders who are looking to get financing for a construction project. This type of spreadsheet contains monthly detail of the cash flows and total costs of the project. It also calculates interest over time. This spreadsheet is very useful for calculating the costs of the project.…[Read more]
Vinding Deleon became a registered member 2 years, 6 months ago