Coffey McMillan

Using a construction loan management software can help you keep track of critical aspects of a construction loan, including regulatory compliance and critical draw disbursements. Whether you’re a commercial or residential lender, it’s important to have a comprehensive, user-friendly system that makes it easy to keep track of your portfolio.…[Read more]

nCino’s Construction Loan Administration automates the processes of budget tracking, inspections, post-loan disbursement and more. Moreover, it eliminates manual data entry and provides a robust draw and disbursements feature that integrates with the workflow of a finance institution. The software also tracks budget draws throughout the lifecycle.…[Read more]

Using automation, machine learning, and collaboration software to improve construction loan administration processes is becoming more common. While construction loan administration used to be done manually via phone calls, email, and fax, many activities are now completed online. These improvements are critical in today’s competitive lending…[Read more]

Many large financial institutions have begun embracing loan participation technology as a way to improve their liquidity and reduce lending risks. While these loan participations allow larger institutions to remain “of record” with large borrowers, smaller institutions are also increasingly turning to this technology as a way to increase revenue.…[Read more]