A Construction Loan Administrator (CLA) is an important role in a financial institution. This person is responsible for a portfolio of construction loans and maintains beneficial liaisons with customers, Relationship Managers, and outside professionals. This person is evaluated on accuracy, timeliness, productivity, and customer satisfaction. The…[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]

A construction loan management software can streamline the entire loan process, from start to finish, from the initial approval process to completing all necessary paperwork. By automating this process, administrators can keep track of everything, from the progress of the project to regulatory compliance. The construction loan software also allows…[Read more]

A growing number of credit unions are embracing loan participation technology to increase their lending volume and improve their balance sheets. This innovative strategy is transforming how traditional credit unions manage their balance sheets, supplementing organic growth with external financing. In the past, loan participation has been a niche…[Read more]

Construction loan management software can help manage your entire portfolio. These programs have robust reporting and stress testing features that allow you to monitor project progress and regulatory compliance. Furthermore, they provide up-to-date reports on all your loans and portfolio information. If you’re ready to take the next step in your…[Read more]