Centralized construction loan administration to improve efficiency, oversight, and your reputation with borrowers or clients.
LITE
$89
month/project
Centralize draw documentation
- Document management
- Budget tracking
- Draw approval workflows
STANDARD
$139
month/project
Improve portfolio oversight
- Everything in Lite
- Automated rules
- Basic project management
- Inspector portal
PREMIUM
$189
month/project
Maximize efficiency and reporting
- Everything in Standard
- Borrower portal
- Advanced project management
- Cash flow projections
- HUD forms
- Invite third parties (borrower & inspector access included with related portals)
Need a custom solution?
Dedicated implementation manager, single sign on, customized project reports, integrations, manage multiple teams, and more.
Compare features by plan:
| FEATURES | LITE | STANDARD | PREMIUM | |
| BUDGET MANAGEMENT | ||||
| Adaptive budget | Detect new or removed line items and update budget record as required. | |||
| Change order tracking | Track when, where, and why reallocations were made between line items. | |||
| Line item history | See historical costs, documents, and change history with one click. | |||
| Funding source management | Track funds for any combination of funding sources and allowed uses. | |||
| DOCUMENT MANAGEMENT | ||||
| Draw package classification | Deconstruct draw package into invoicees, pay applications, lien waivers, and other supporting documents to quickly identify missing documents. | |||
| Automated document reading | Automatically extract information from documents to tie to line item amounts requested. | |||
| Retainage management | Track current and cumulative retainage withheld by vendor and line item. | |||
| Lien waiver management | Reconcile conditional, unconditional, partial and final lien waivers for general contractors, subcontractors and vendors. | |||
| Subcontractor reconciliation | Reconcile subcontractor pay applications and lien waivers to GC pay application. | |||
| Funds control integration | Connect with AvidXchange, Nexus, or Yardi Voyager. Not on this list? Ask sales how we work with your system. | Available | ||
| LOAN ADMINISTRATION | ||||
| Automated compliance checks | Get alerts in real time for missing documents, covenant violations, reconciliation errors, and more. | |||
| Draw approval workflows | Coordinate approvals to create an auditable history that ensures compliance with your internal governance. | |||
| Inspector portal | Secure, configurable portal for assigned inspector to submit responses, % complete, and photos. | |||
| Borrower portal | Branded, configurable portal for borrowers to submit draws—without manual entry—and see funding status for all loans with you. | |||
| Project create API | API to import new construction loans from your LOS or other system. | Available | ||
| Client report generation | Generate a custom formatted report (docx) for clients using information tracked in Rabbet. | Available | Available | Available |
| TEAM COLLABORATION | ||||
| Chat | Centralize comments among users that have access to the project. | |||
| Tasks | Assign approvals, comments, and questions. Users see a to-do list of items across the projects they manage. | |||
| Custom branding | Feature your brand in-app, on downloads, and on email notifications. | |||
| Access for partners | Invite syndication partners for seamless, professional communication. | |||
| CASH FLOW PROJECTIONS | ||||
| Cost modeling | Model budget using time & rate parameters to create a monthly spend forecast. | |||
| Automated reforecasting | Compare actual costs and automatically reforecasted remaining budget to original projection. | |||
| Capital projections | Leveraging funding source management (see Budget Management), predict funding source requirements by month. | |||
| BENCHMARKS & INSIGHTS | ||||
| Self-serve reports | View all data points across loans and create comprehensive reports that can be exported to xlsx or csv. | |||
| Portfolio dashboard | Visual representation of costs, schedule, and process performance to detect risk and draw meaningful conclusions about your portfolio. | |||
| Reporting API | API to send project and draw information to other systems. | Available | ||
| EXPERT GUIDANCE | ||||
| Customer success manager | Strategic advisor to provide guidance and reporting to support you in achieving your goals with Rabbet. | |||
| Customer support | Rabbet experts available by phone, email, or in-app chat. | |||
| Unlimited users | Drive collaboration across your team with unlimited internal users. | |||
| Product training & education | Training plan, video resource library, live webinars, and robust knowledge base. | |||
Have a question about a specific feature or functionality? Please get in touch.
Rabbet Supports You and Your Team From Day One
At Rabbet, our commitment to our customers doesn’t end once you sign a contract. Our post-sales experience begins with a structured onboarding and implementation process complete with training to ensure you start finding value from Day One. And our Customer Success Managers and Support teams partner with you and your team members to provide best practices and address any issues.
Because we don’t want you to think of Rabbet as just software; we want to ensure Rabbet is an integral part of your team’s success.
Frequently Asked Questions
How is Rabbet different from other construction loan administration software?
Rabbet helps manage documentation better than any other system and the software itself is highly configurable. Both aspects set us apart, especially when it comes to commercial construction loans.
Who does Rabbet serve in the construction loan ecosystem?
Rabbet for Construction Loan Administration is for lenders, loan servicers, and lender service providers performing draw documentation review, hard cost monitoring and funds control services.
What is the borrower experience like?
Thanks to the software’s document reading capabilities, Rabbet improves your draw process whether or not you ask your borrower to use the borrower portal. If you choose to use the borrower portal, your borrower will see a branded experience with all of their loans with you centralized in one place. They will submit draw requests without manual entry and have visibility into funding status. Plus, your borrowers have access to our support team should they have any questions.
How long does it take to implement Rabbet?
Your Rabbet sales representative and implementation manager will work with you to set a timeline based on your team size, number of active loans, complexity of process, and technical requirements (like integrations). Excluding technical requirements, most customers go live within 4-8 weeks and are fully onboarded within 2 months from go-live.
Increase Productivity. Improve Collaboration. Gain Visibility.
less data entry
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less time managing documents
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place to track everything
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~ Ned Fields, Construction Specialist
