The management of construction loans can be time-consuming, error-prone, and costly. Manual processes can lead to wasted time and frustration. In addition, they can lead to a poor customer experience. Land Gorilla’s Construction Loan Management Software streamlines processes by automating the approvals, payments, and disbursements of construction…[Read more]

Construction loan software is an essential tool for all lenders. Using the right tool can streamline the draw processing process by eliminating human errors and data entry duplication. The improved efficiency of the draw processing process has been linked to a 65% reduction in administrative time, 4% reduction in points of risk caught in advance,…[Read more]

A construction loan spreadsheet is a powerful tool for determining monthly payments and amortization schedules. It allows you to select a mortgage type and choose whether to purchase or refinance your home. This tool also gives you a rough estimate of how much the project will cost and how long it will take. Using a spreadsheet, you can also…[Read more]

Construction loan management software streamlines the process by providing a simple interface for draw processing. It tracks finances, who has been paid, and the total amount of disbursed capital over time. It offers real-time information and helps prevent issues from falling through the cracks. Using a construction loan management software…[Read more]

With the growth of the construction industry, lenders are under pressure to reduce the time it takes to process construction loan draws. Real estate developers and lenders are working to cut down on processing times for these draws in order to improve their bottom line. The resulting delays can lead to contractors picking and choosing which…[Read more]