BankLabs recently introduced a new website that allows users to access a free trial of Participate loan participation software. Once you’ve downloaded the program, you can upgrade to the full version at any time. banking offers digital subscriptions, which you can access any time. Once you’ve registered, you can access the software and receive…[Read more]

Using a construction loan spreadsheet is helpful for estimating mortgage rates and keeping track of your construction loans. You can use this spreadsheet to help keep track of your costs and the progress of each step of the project. This type of tool is also helpful if you have a contractor who is providing you with services. The spreadsheet…[Read more]

In banking to facilitating closing and disbursements for a construction loan, the Construction Loan Administrator also participates in nonroutine activities, such as site inspections, drawing requests, budget analysis, and document reviews. In addition, he or she may assist in other nonroutine activities, such as technology system enhancements and…[Read more]

The advent of new technology is enabling the successful implementation of loan participation. Traditional loan participation models relied on lead institutions to update participants on each relationship. Today, participants can review credits on their own, but the lead institution remains the ultimate authority on the participation settlement…[Read more]

Until recently, banking has been a manual process. Today, it is mostly performed online, with automation and machine learning tools to help streamline the process. However, the competitive nature of the lending industry requires further improvements in processes. Technology solutions like nCino can help. For example, the software can allow…[Read more]