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Category: Construction Loan Management

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2019 State of Construction Finance: Key Takeaways

They say it takes a village to raise a child. In reality, it also takes a village to raise a building (the opposite of razing a building, which is very... Read More

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Future-Proof Your Construction Lending Program

The United States is experiencing one of the most prolonged economic growth cycles on record. This cycle has led to an expansion of the commercial construction industry with growth expected... Read More

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Key Construction Loan Management Terms

One of the main problems we’ve encountered in our work is the general lack of familiarity and understanding of basic construction loan terms. To be honest, we understand why the... Read More

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What to Review When Originating a Land Development Loan

Land development loans provide financing for the purchase of raw land, as well as its development for future construction or sale. Unlike residential and commercial construction, the goal of land... Read More

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What to Review When Originating a Residential Construction Loan

Residential construction is the development of real estate for living whereas commercial building is intended for commerce. Traditionally, community banks handle the vast majority of residential construction loans. These are... Read More

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Construction Loan Administration Jobs for July 25 2018

Contract Simply likes to share a few of the most current and interesting job opportunities for construction loan administration. These listings focus on construction administrative services, loan disbursement process, and construction administrator... Read More

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What is a draw request?

Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent construction finance platform. The content of this post has been... Read More

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What To Review When Originating a Commercial Construction Loan

With real estate market trends indicating a steady growth for the near future, interest in construction loans is bound to remain steady as well. This type of loan is given... Read More

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What to Review In Third-Party Inspection Reports

An essential part of managing construction loan risk is to align invoiced work with the project timeline and budget. The work should also be performed to meet building code and... Read More

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Three Example Issues Uncovered by a Third-Party Draw Inspection Report

A third-party construction draw inspection happens when the inspector, often hired by the lender, reviews the progress of a construction project. The primary objective of these inspections is to ensure... Read More