Piper Mcfadden

Banklabs (CLA) handles every aspect of the construction process from coordinating the closing of a transaction to disbursements throughout the life of the loan. This role coordinates hands-on management of the loan, including site inspections, drawings requests, and budget analysis. In addition, CLAs take on other activities, such as technology…[Read more]

In a construction loan administration setting, you’ll assist with the closing process for construction transactions and facilitate disbursements throughout the life of the loan. This role involves hands-on management of the loan and manages activities such as site inspections, drawing requests, and budget analysis. The job also includes…[Read more]

Construction loan software allows mortgage companies to manage all aspects of their lending process from pre-closing due diligence to post-closing draw administration. Designed for high-volume lenders, this software can manage all aspects of the lending process from project management to compliance. It provides a single point of entry to all loan…[Read more]

For lenders, the construction loan spreadsheet is a useful tool to use to track and monitor the progress of your project. This handy document features column headings for subs and suppliers, expected costs, and amount paid or yet to be paid. The overall amount due can be easily seen. The worksheet can also help you to manage your overall project…[Read more]

A construction loan spreadsheet is an essential tool for managing the construction of a home. It keeps track of all the progress indicators, as well as the volume of loans. It is critical to the lender’s business, and it’s also essential to the borrower. The following are some steps to help you create a construction loan spreadsheet: 1. Establish…[Read more]