Land Gorilla: Confident Construction Loan Management
Land Gorilla is a leading financial technology provider of construction loan management software that facilitates construction lending and protects people from the risks involved with traditional loan management practices. Land Gorilla’s Construction Loan Managerâ„¢ streamlines every aspect from pre-closing due diligence to post-closing draw administration, providing scalability, minimized risk and cost savings.
Land Gorilla has over 30 years of experience in the construction lending industry and is pioneering a new era in construction loan management with its cloud-based ecosystem that is efficient, scalable and compliant. By making the construction lending process simple, safe and efficient, Land Gorilla has changed the way construction loans are managed. Used by banks, credit unions and mortgage banks, Land Gorilla’s Construction Loan Manager helps lenders reduce costs, easily scale and manage risk. Land Gorilla’s advanced software allows users to streamline the complex lending process as well as gain visibility in project tracking. Land Gorilla claims to provide construction loan management 82% faster than traditional lending methods.
To learn more about Land Gorilla, click here.
Built Is Revolutionizing Construction Lending
As the leading software for construction lenders, Built is designed to mitigate risk and simplify construction loan management. Not only does Built connect everyone involved in the post-closing administration processes; it automates manual processes and reporting. Using both a desktop and mobile app, Built creates unique workflows that cater to all types of construction loan products for a seamless transaction.
All lenders, borrowers and builders involved in the process have a unique portal experience throughout the loan process. Through the use of smart budgets and inspection sheets, Built eliminates spreadsheets and organizes documents in a single, shareable and downloadable location. Additionally, Built allows users to access information needed for accurate reporting and risk management. On average, mortgage lenders using Built experienced a 70% decrease in draw turnaround time as well as an 80% reduction in report preparation time.
Built is the only construction loan management software that is endorsed by the American Bankers Association. To learn more about Built, click here.