Centralized construction loan administration to improve efficiency, oversight, and your reputation with borrowers or clients.
Lite
Standard
Premium
Document management
Everything in Lite
Everything in Standard
Budget tracking
Automated rules
Borrower portal
Draw approval workflows
Basic project management
Advanced project management
Inspector portal
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.
Contact SalesCompare features by plan:
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 loans 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 draw 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.
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.
- 50% less data entry
- 75% less time managing documents
- 1 place to track everything
"I'm spending probably 75% less time managing construction loans now, but the key is that I'm not frustrated now either. At first I had to track the borrower down and get the documents, but now I upload everything into Rabbet."
- Ned Fields
Construction Specialist
