Construction loan manager software

Loan Control Highly configurable workflows give you the power to control your process with consistency and governance over your custom policies. Construction Draw Software. Construction Draw Software Processing construction draw requests and payments has never been faster.

Create and manage from a centralized budget of record Process draws and change orders with smart validations to prevent overfunding Monitor key performance indicators of the loan Track internal notes, manage next steps, setup email reminders and track complaints Contact database to track and manage all your payees Track lien waivers to draw disbursements Create custom user roles to enforce policy and governance. Automated Project Manager APM Automate dynamic workflows and effectively manage important tasks at critical loan milestones.

Automate tasks Streamline workflows with event-based automation Configurable hard and soft stops for user-based controls. OneSite The simplest way to pay stakeholders.

Design unique Customer Experiences CX for borrowers and project stakeholders Custom draw workflows to support the draw process you want Communicate with in-app messaging and notifications Exchange information securely with end-to-end encryption Setup tasks to clearly communicate next steps to stakeholders Learn more about OneSite here.

Lien Waivers and Title Updates. Lien Waivers and Title Updates Proactively protect your legal interest with a fully integrated lien waiver and title update process. Reduce turn time and facilitate rapid payments Create powerful workflows to automate lien waiver and title update processes No secondary billing or vendor to manage.

Reporting and Dashboards. Reporting and Dashboards Easy access to real-time data so you can maintain the health of your loan pipeline. Easily view key performance indicators Drill down on company, team, and end-user metrics Configurable charts to visualize your data. You will also simplify and enhance your management reporting.

Designed for financial institutions engaged in high-volume construction lending, Construction Loan Manager from Fiserv tracks all activities associated with construction loans, including budgets, draw schedules and disbursements.

This application provides a single point of entry for all builder, payee and vendor information. Construction Loan Manager 2. DrawTrak 3. Built Handle. Com 5. Wefund 6. Built FAQs What is loan management? Review Source: Capterra. This system is very user friendly. The ease of use of awesome!! I love the ease of uploading documents to the document center. Being able to view documents received for the file in the document center and communicating with the reviewer through the communication log is a great benefit.

The visibility to see all active files in your pipeline is a feature that need improvement. As it stands today that visibility does not exist. So as a lender we have to manually track all of our active files until the final review has been provided.

Hayley from Land Home Financial. Company Size: , employees. Industry: Real Estate. I started using the software in February and have felt it has always been very user-friendly. I was new in construction management and it took no time to learn how to use the software. The support department is always easy to reach either by phone or e-mail and have always been very helpful.

Regina from Envoy Mortgage. I love the CLM system. It's such a user-friendly system and provides great detail on what's going on with your renovation review or if a draw is being requested. The ease and use of the system is superb. Two thumbs up!! Company Size: employees. Industry: Financial Services. Fairly easy to use and a great support staff. Though at times some common sense features are overlooked.

Jesse from Green Door Apartments. Time Used: Less than 6 months. It took a while for my log in to work, and to get used to the program. I would recommend it to someone whose sole duty was dealing with financials on the construction side, but for someone like myself that only deals with it slightly every once in a great while it seemed overwhelming. The pure amount of items that you can do with this program is amazing. There were so many things to do that the ease of use at times would get very difficult trying to navigate throughout the program and get to what I needed in order to make it work.