Construction loan management software helps financial services companies originate and service loans for construction projects. These solutions manage the entire construction lending process from start to finish for both commercial and residential projects. Lenders use construction loan management software to improve efficiency in the loan origination and loan servicing processes, reduce risk, and consolidate construction loan activity in a single system.
 
Construction loan management software offers a wide range of functionality including, but not limited to, loan pipeline management, inventory tracking, budget tracking, interest reporting, project reporting, and an online borrower portal. Construction loan management software is designed to provide full visibility into lenders’ construction loan portfolios as well as facilitate communication between borrowers and lenders.
Construction loan management software contains the same features as loan origination software and loan servicing software in addition to its construction-specific functionality.
To qualify for inclusion in the Construction Loan Management category, a product must:
 
Originate and service commercial and residential construction loans
Track and report on project progress
Contain a borrower portal
Include loan pipeline management functionality