Automate the processing for all your construction loans.
Whether your construction loans are for individuals building a home, a business building a property for business use or an investor building a property to rent out, WebEquity streamlines the process for determining loan repayment.
Comprehensive Credit Analysis Impressive functionality enables you to perform in-depth credit analyses with ease. Assess overall credit worthiness. Scrutinize specific considerations that can impact loan repayment:
- Rent Rolls & Vacancy Reports
- Sources & Uses Analysis
- Construction Advanced Inspections
- Loan to Value & Loan Commitments
- Rental Rate, Capitalization, Interest Rate and Loan Commitment Sensitivity
Financial Statements To support your credit analysis, WebEquity provides actual, projected and interim views as well as cash or cash to accrual financial reporting:
- Unlimited Balance Sheets
- Unlimited Income Statements
- Statement of Owner Equity
- Statement of Cash Flows
Tax Forms Screens that mimic tax form layouts for a commercial business accelerate data collection and entries. Examples of common forms include:
Decisioning Streamline the process while ensuring you maintain complete information in consistent formats.
- Credit Presentation: Configurable to the needs of your institution. They contain all the supporting information needed for proper judgment calls.
- Online Approval Tracking: Committee members have secured access from anywhere to prepared loan files. WebEquity tracks each milestone in the approval process with eSignatures – as well as any exceptions.
Monitoring and Servicing Automatic ticklers help you ensure that all post-approval tasks are performed, such as gathering:
- Annual income statements
- Monitoring covenants
- Inspecting construction progress
- Annual property appraisals
- Collateral reviews
Schedule a Demo of our highly flexible solution and see how WebEquity can help your commercial loan department work smarter, faster and more profitably.
