Construction disbursements are a complicated field to keep everything efficiently managed. It is critical that you have all the tools necessary to make the job a success much like on a construction site. Software is always advancing and Fund Control is designed specifically to help.

Call 800-625-5972 today to speak to one of our specialized representatives. Upgrade your business to the technological future by utilizing Fund Control. You can even experience it for yourself by requesting to try a free demo. Why make it more complicated than it should be? Give it a try today.

Continue reading to learn more about the services we provide.

The Fund Control Package

Our specialty is to bring Banks, Mortgage Companies, Private Lenders, and Disbursement Control Companies into the modern age of streamlined technology. The Fund Control services package offers 10 ways to turn the inner workings of your company into organized success:

• Contacts – Keep your leads, borrowers, and contractors organized in one place. You can also, maintain contractor and broker licensing requirements while managing your borrower relations.
• Communications – Generation and tracking of all your letters, memos, notes, and letter of transmittals. Further, utilize predefined text elements and documents to standardize correspondence.
• Borrowers – Keep a record of all financial transactions regarding the borrower. Utilize tracking of Vouchers and/or draw requests, verifying that all requests comply with institution policies; creation of disbursement checks and/or transfer forms; and recording borrower pay-downs to manage revolving lines of credit.
• Loans – Know all things about a loan, from locations to dates to the players involved and their financial position.
• Budgets – Create and Maintain all original budgets and any budget changes. Create budgets from templates, spreadsheets, or by manual entry.
• Project management – Dashboards that show risk assessments, cash flows, and percentages of types of loans. Easy, accessible predefined reports for routine processes.
• Inspections – Provides the tools and functions to request inspections as well as record them, including pictures and other documents.
• Regulatory Requirements – Our customizable fund control software makes it easy to set up and administer specialty loans, documenting compliance with relevant FHA standards each step of the way.
• Concentration & Stress Testing – With the built-in Stress Testing, build unlimited portfolio stress scenarios. Create your sources of stress; configure the formulas that you would like to use; select the loans that are to be stressed; and then run the test and see the effect on your portfolio over time.

Welcome to the Future

We pride ourselves in offering the best services around to make your construction disbursement management system as efficient as possible. Call us today at 800-625-5972 or you can reach out on our Contact Page and we’ll get back to you ASAP. Experience where technology can go.