Sims Ashley

Construction loan administration is a key role in the construction industry. As banks who facilitates the closing of a construction transaction, the Construction Loan Administrator is a vital link between lenders and borrowers. They help facilitate disbursements throughout the life of the loan and provide hands-on management of the process. Other…[Read more]

The advent of loan participation technology has changed the way many financial institutions participate in the lending process. While the concept itself is not new, it is not as common as it once was. Today, many credit unions are experimenting with new technologies that can streamline the process and improve the client experience. This article…[Read more]

Using the right loan participation software can make your business run more smoothly. Many of these applications can automate the entire loan participation process. A Participate module for example, can track over $1.8 billion of loan participations. The software can also track pro-rata shares, documents, funding, and payment transaction details.…[Read more]

A construction loan spreadsheet is a handy tool for keeping track of the progress of your home. These documents keep track of project performance indicators and loan volume. The lender should have a copy of the form for data collection and rounding purposes. It can also help lenders and borrowers keep track of their own payments and goals. It may…[Read more]

Many institutions are considering Loan Participation as a way to reduce the risks associated with loan concentration. This program helps banks and other financial institutions share information about loans that have been made through their participation process. By automating the process, participating financial institutions can keep their…[Read more]