MacMillan Johansen

Once banklabs have decided to utilize construction loan administration software, you need to understand how it works. With a SaaS subscription, you can access your data from any computer, eliminating the need for manual data entry. The best construction loan software will serve as a central repository for collaboration and prevent duplication of…[Read more]

Several advantages of a construction loan spreadsheet include its ease of use, accessibility and low cost. However, as the volume of construction loans increased and monthly cash flows increased, the users often found that the application was not as effective as they had originally thought. In these cases, the users should consider using a more…[Read more]

A construction loan administrator has many responsibilities. They handle the entire process of construction financing, from the initial contract to the final disbursement. They coordinate hands-on management of the loan, including managing inspections, budget analysis, site inspections, and drawing requests. They also participate in non-routine…[Read more]

One of the most important things to consider when taking out a construction loan is managing lien activity. It can be a lengthy and stressful process that involves hundreds of documents, spreadsheets, and tens of emails. By using a centralized construction loan management system, you can streamline the process and prevent issues from falling…[Read more]

Building a new home is a huge undertaking, and the process of getting a construction loan is no different. Hundreds of spreadsheets and documents need to be filed, and it can be a very stressful process. Using a construction loan software can help you keep track of everything and automate the tedious data input. The construction loan software will…[Read more]