The “Death of the Penny” and Why Precision Still Matters for Construction Lenders

For Construction Lenders, the “death of the penny” does not mean the birth of rounding. Here is a breakdown of the Treasury’s guidance and exactly what it means for construction lending.

Mitigating Lien Risk in Construction Lending

Construction lenders must automate the collection and tracking of lien waivers to transition from manual, high-risk processes, proactively securing their collateral against potential mechanics liens and accelerating funding.

Ditch the Data Entry

Proficient IDP automates construction loan data extraction, validation; reduces costs, accelerates approvals, enhances accuracy for scaling operations.

The SFTP Trap

Why Legacy SFTP is Slowing Down Your Construction Lending – And Why Modern Integrations Are the Future

The Power of a Crystal-Clear Construction Loan Agreement

Mitigate risk with a well-crafted construction loan agreement. Learn about essential clauses, defining expectations, and clear communication.

The High Cost of Bad Data in Construction Lending

Bad data in construction lending can be more than just a minor annoyance. It can cost you time, money, and even damage your reputation.

Popular Blogs

5 Reasons You Need To Offer One Time Close Construction Loans

Borrower’s want low cost and less hassle. Read five reasons why one time close construction to permanent loans are the best option.

How Construction Draw Management Technology Can Improve Inspection Turn Times

Investing in construction loan management software will provide immediate advantages that your team and your customers will appreciate. It will set you up to scale successfully and provide a stand-out experience to drive repeat business

4 Ways Construction Loan Management Software will Transform Your Customer Experience

Investing in construction loan management software will provide immediate advantages that your team and your customers will appreciate. It will set you up to scale successfully and provide a stand-out experience to drive repeat business

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