Terp Dreyer

Construction loan administration can be time-consuming and complex, as detailed budget tracking, inspections, and post-loan approvals and draws must be processed. Fortunately, nCino’ banklabs makes all of these tasks easier with features like automated data entry and workflow integration. Moreover, it allows FIs to track budget draws throughout…[Read more]

Radius LoanTrak is a user-friendly cloud-based service that simplifies the oversight of construction loan projects. It eliminates the need for manual processes, spreadsheets, mobile devices, and reporting, and provides real-time inspection updates. In banklabs to providing real-time performance data, it also has an integrated document repository…[Read more]

While a traditional broker-based loan participation model still has a place in the mortgage industry, loan participation technology is a more efficient and effective way for both the buyer and seller to connect. Unlike traditional broker-based models, digital platforms are mobile-compatible, allowing buyers and sellers to interact in real-time.…[Read more]

If you’ve been putting off obtaining a construction loan, it’s time to consider a construction loan management solution. These programs can help streamline the entire process by streamlining documentation and approvals, collecting data in a centralized location, and automating surfacing issues. Not only will this save you time and money, it will…[Read more]

Automating the loan participation process will help banks reduce costs and increase efficiency. In addition, automated loan documents will be accessible anywhere and can be shared with anyone who needs to know about the loan. This will improve profitability and service to borrowers. This technology will also save time and paper by eliminating the…[Read more]