The role of the Construction Loan Administrator involves closing construction transactions, facilitating disbursements, and overseeing the loan process. In addition to these core functions, the Construction Loan Administrator performs hand-on management of the loan, managing inspections, budget analysis, and drawing requests. In addition, the role…[Olvass tovább]

BankLabs recently developed a product called Participate to streamline and automate the process of loan participation. This solution helps participants, originators, and other parties to share data and documents electronically. The platform enables e-signatures and workflow automation to cut weeks off the traditional loan participation process.…[Olvass tovább]

In order to complete a construction loan successfully, it is essential to have a system that makes documentation easy and efficient. A construction loan can have hundreds of documents and spreadsheets. The process can be time-consuming, with multiple stakeholders requiring different documents. Automated banks will streamline the process and help…[Olvass tovább]

BankLabs recently introduced a new website that allows users to access a free trial of Participate loan participation software. Once you’ve downloaded the program, you can upgrade to the full version at any time. The website also offers digital subscriptions, which you can access any time. Once you’ve registered, you can access the software and…[Olvass tovább]