Goff Bright

For a smoother process, use a construction loan management software. These applications automate and centralize approvals, track payments, and manage lien waivers. They also automate the surfacing process and enable clients to communicate digitally with key stakeholders. These solutions can improve funding turnaround time by 25 percent. For more…[Read more]

Using construction loan software is vital to a successful construction lender. This software manages all aspects of a construction loan from disbursements to budgets. It keeps track of all finances and who was paid. It also provides real-time information about how much capital is needed and disbursed. Digital draw processing is the most effective…[Read more]

With the help of construction loan management software, you can manage your entire portfolio of loan documents. Integrated with robust reporting and stress testing features, the software tracks finances and helps you keep track of critical draw disbursements and regulatory compliance. Whether you’re managing a small or large portfolio,…[Read more]

Many large financial institutions have begun embracing loan participation technology as a way to improve their liquidity and reduce lending risks. While these loan participations allow larger institutions to remain “of record” with large borrowers, smaller institutions are also increasingly turning to this technology as a way to increase revenue.…[Read more]

If you’re planning on building a new home, you may need a construction loan spreadsheet to keep track of your monthly payments. Most of these templates come with several different features and are overloaded with protection options. Besides keeping track of your monthly payments, a construction loan spreadsheet can also help you map out the…[Read more]