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  • If you are responsible for managing a construction loan portfolio, you will need to use advanced software. These programs help you track all financial aspects of the project, including regulatory compliance and critical draw disbursements. These programs can streamline the whole process by providing up-to-date reports and easy access to key data.…[Read more]

  • Construction loan software is a useful tool for a construction lender. It is capable of automating the construction loan approval process and can even provide regulatory compliance reports. Additionally, construction loan management software can track the project’s progress and critical draw disbursements. These features allow lenders to focus on…[Read more]

  • As construction projects begin to emerge, lending personnel must become more knowledgeable and confident in their ability to monitor and administer construction loans . Many small regional banks don’t have the specialized real estate staff needed to manage these types of loans. A construction loan administration seminar can help you learn to…[Read more]

  • There are two major types of loan participation software: online and offline. One of the most popular types is Participate, which is a web-based application that helps track the progress of a loan from start to finish. This software can help you streamline the process, which can cut the time it takes to process a loan by weeks. It also allows you…[Read more]

  • The first and most obvious benefit of construction loan management software is its comprehensive database. Its robust reporting features and stress testing capabilities help managers keep track of all their construction loan activities. It is also easy to customize and offers a single point of access for all loan information. For the full picture,…[Read more]

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