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One of the main issues facing a construction loan administrator is the long approval process. The process requires the involvement of several people, including the lender team, a third-party inspector, a title company, and a real estate developer. When this is done manually, there is a high risk of errors. By using construction loan software, this…[Read more]

Automation of loan participation processes helps banks to manage risk and costs, and minimize fraud. It allows participating banks to stay on top of changes and offers greater flexibility. This type of technology is also helpful for banks that work with multiple parties. In addition, it can provide a better customer experience. Here are some of…[Read more]

With Radius LoanTrak, you can easily monitor your construction loan projects and keep track of your credit score, without the hassle of spreadsheets. Its easy-to-use design allows you to see critical data in real-time. If you’re a construction lending company, this software will prove to be an invaluable tool. Use it to keep your finances in check…[Read more]

Automation of loan participation processes can significantly reduce costs and improve efficiency while enhancing risk management. Automated loans can streamline the process and reduce costs, while increasing the level of flexibility for banks. Moreover, automated systems enable banks to monitor and manage a large number of loan participants. These…[Read more]

A construction loan spreadsheet is a helpful tool for keeping track of a construction project’s progress. banks helps you estimate the costs and the total payment. You can use it to track payments and debts, and it’s extremely useful for community businesses. By having an updated spreadsheet, you can avoid surprises and stay on top of your…[Read more]