onDemand / Construction Lending
Never again turn away the potential of repeat business and lifelong customers because you don’t offer construction lending. ISGN’s onDemand Construction Lending Services allow you to provide construction lending to your customers without the need to hire additional resources or become an expert. Our team of seasoned construction lenders can handle everything for you; from originating, underwriting and closing to providing draw administration services. This is all run on the industry leading ISGN construction servicing system TCL
Fulfill more of your customer's needs by offering loans for new home construction, improvements and additions, and purchase or refinance. Foster long-term business relationships with current and new customers as against sending them down the road to your competition. Increase your revenue through interest income during the Construction Interest Only period and origination-related fees - typically .25% to .75% of the loan. Increase profits by selling loans to investors. Generate new business channels through builders, realtors and previous borrower base. Already effecting construction lending on a limited basis? Drastically reduce your overhead (and the spreadsheets) but still reap the rewards with ISGN’s onDemand Construction Lending Services. We can help you increase efficiency, improve profitability and expand your reach to a national level with things such as:
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Builder Registration Process Implementation to ensure general contractors meet state licensing and insurance requirements |
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One Call Resolution for contract inspection, title and appraisal services to reduce turn-times associated with documentation follow-up and advances |
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Experienced draw administration staff to facilitate retention and review of initial through final draw documents, for increased origination volumes |
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Fully integrated process and system to facilitate the construction project’s progress, monitoring, review and reporting |
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