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Currie Arsenault posted an update 2 years, 11 months ago
Automating loan participation is one of the most effective ways to manage risk, avoid fraud, and increase efficiency. These applications allow banks to easily track multiple participants and keep them informed of any changes or updates. They also help them manage the time and money spent on this process. The benefits of loan participation software…[Read more]
Currie Arsenault posted an update 2 years, 11 months ago
Construction loan management involves constant monitoring of the loan process, which can be time-consuming and stressful. In the past, this process was often conducted manually, involving paper files and emails. However, the rise of technology has made this process much easier. Not only does it eliminate the need for manual administration, but it…[Read more]
Currie Arsenault posted an update 2 years, 11 months ago
If banks ‘re a private lender, you know that the construction loan approval process can be time-consuming and tedious. Fortunately, there are several solutions available that can simplify the process and make it much easier for you to track the status of all of your loans. These options include integrating the entire construction loan approval…[Read more]
Currie Arsenault posted an update 2 years, 11 months ago
Using construction loan management software is an excellent way to manage the entire construction loan portfolio. These programs contain robust reporting and stress testing features and streamline the approval process. They also help you keep track of your finances by automatically reconciling your digital draw schedules and project budgets. And…[Read more]
Currie Arsenault posted an update 2 years, 11 months ago
If you are a construction loan administrator, you might have begun with a simple spreadsheet. It is easy to use, inexpensive to implement, and accessible. As the number of construction loans you process each month increases, you may need to scale up your spreadsheet process. Whether you are an experienced lender or just getting started, here are…[Read more]
Currie Arsenault became a registered member 2 years, 11 months ago