Variation Order Template Construction 11 Doubts About Variation Order Template Construction You Should Clarify
Construction lending is a circuitous action that already lacked the consistency, controls and best practices all-important for lenders to drive acknowledged and assisting programs. There was no technology accessible that brought architecture lending and blank into a distinct administration belvedere and lenders’ portfolios were created from assorted spreadsheets decumbent to errors, which bedfast the adeptness to profitably administer loans and abate risk.
Since 2010, Land Gorilla has pioneered a new way of managing architecture loans with its Architecture Accommodation Manager, a cloud-based band-aid that makes lending faster, safer and added efficient. This technology allows added lenders to participate as they abate architecture non-completion, adviser architect performance, proactively administer abeyant portfolio risks and radically advance the borrower and architect experience.
The Architecture Accommodation Manager is the alone architecture accommodation administration band-aid engineered by architecture lending experts to assure a lender’s physical, banking and acknowledged interests -— accouterment the accoutrement and advertisement all-important for post-close management.
Construction Accommodation Manager provides lenders abounding afterimage into their accommodation portfolio, with abundant acumen into action health, loan-level achievement and acquittal accident analysis. All stakeholders complex are able to break affiliated about milestones, change orders and draw requests and payments.
Land Gorilla afresh implemented new software enhancements, such as chip e-signatures, a digitized affirmation abandonment and appellation amend process, a templated certificate conception tool, automatic action administration and built-in integrations with LOS solutions.
Digital Draw Management: Draw requests are submitted electronically and administrators can agenda and clue inspections, appeal e-signatures, electronically accomplish affirmation waivers, and order/receive appellation updates.
Order Management: Abode orders for bell-ringer casework back orders are appointed or completed.
Risk Tracking: Risk-tracking accoutrement accommodate alerts back loans are abutting important milestones or falling alfresco of best practices.
Contractor Management: Key architect and HUD adviser accoutrement to accretion afterimage into architect status, action and action concentration.
Contact Database: Advance architect documents, profiles and accepting cachet in one place.
Configurable Templates: Build a workflow based on certificate templates that abutment any accommodation programs.
Accounting System: Built-in accounting accoutrement access afterimage and affluence in managing accommodation transactions.
Reporting: Access to real-time abstracts to advice advance the architecture accommodation action bottomward to loan-level performance.
With Land Gorilla, lenders can feel assured that every footfall of the action is based on best practices to drive profitability, abate risk, aerate ability and accommodate a best-in-class applicant experience.
PRODUCT: Architecture Accommodation Manager
SNAPSHOT: Land Gorilla is the No. 1 banking technology provider of architecture accommodation administration software creating a fast, safe and able process. Trusted by top lenders, Land Gorilla’s Architecture Accommodation Manager drives accommodation profitability, improves agenda workflow and provides a best-in-class applicant experience.
Variation Order Template Construction 11 Doubts About Variation Order Template Construction You Should Clarify – variation order template construction
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