Construction Loan Manager

Loan servicing solution for construction businesses

About Construction Loan Manager

Construction Loan Manager by Land Gorilla is a cloud-based loan servicing solution designed to help construction and renovation businesses of all sizes manage their lending processes. The platform enables users to handle the entire loan procedure and streamline pipelines with modules for order management, accounting, interest billing statements, budget tracking, auto-route assignments, and more.

Land Gorilla's Construction Loan Manager allows users to administer pre-closing and post-closing services. Features include change order management, risk monitoring, budget mapping, document tracking, loan note logs, project tracking, and compliance management. Its automated reminder functionality enables users to configure alerts based on multiple event triggers. The platform comes with a contractor management module, which lets teams view order status, loan history, contractor activity, and payment records, and track documents.

Construction Loan Manager lets organizations collaborate with internal, as well as external, stakeholders through draw requests, role-based user access and a contractor/borrower portal. The platform integrates with various third-party applications such as Encompass, Black Knight, DocuSign, Zlien and MRGdocs.

Devices

Business size

S M L

Markets

United States

Supported Languages

English

Features

Total features of Construction Loan Manager: 41

  • API
  • Account Reconciliation
  • Accounting
  • Activity Tracking
  • Alerts / Escalation
  • Alerts/Notifications
  • Audit Trail
  • Borrower Management
  • Budget Control
  • Budgeting/Forecasting
  • Change Order Management
  • Client Portal
  • Collateral Tracking
  • Compliance Management
  • Construction Loans
  • Customer Database
  • Customer Management
  • Data Import/Export
  • Document Management
  • Document Storage
  • Electronic Signature
  • Event Logs
  • Event Triggered Actions
  • Historical Reporting
  • Interaction Tracking
  • Investor Management
  • Live Chat
  • Loan Management
  • Milestone Tracking
  • Order Management
  • Order Tracking
  • Partner Portal
  • Performance Management
  • Project Management
  • Project Tracking
  • Purchase Order Management
  • Reporting & Statistics
  • Risk Alerts
  • Role-Based Permissions
  • Status Tracking
  • Transaction History

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Reviews

Overall rating

4,6 /5
(10)
Value for Money
4,8/5
Features
4,2/5
Ease of Use
4,6/5
Customer Support
4,9/5

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Showing 5 reviews of 10
Tim H.
Overall rating
  • Industry: Banking
  • Company size: 5 001-10 000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

6 Months Use

Reviewed on 2016/12/12

We have been using the program for 6 months now and it has been extremely helpful. The Land Gorilla...

We have been using the program for 6 months now and it has been extremely helpful. The Land Gorilla team has been extremely helpful in making adjustments to the program that help use a monitor and track our pipelines. Looking forward to starting to utilize other functionality

Pros

Extremely user-friendly, changes made to system go into effect quickly

Cons

Setting up the budget

Shannon B.
Overall rating
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Great program, but has room for improvement.

Reviewed on 2017/02/01

Overall, this is a great program. However, there are shortcomings that have been a disappointing...

Overall, this is a great program. However, there are shortcomings that have been a disappointing discovery as time goes on. There are reports that have ample pictures, sufficient notes, and come back to us in a timely manner and that is GREAT! However, there are those cases (that are more frequent than we would like) that come back late, missing items, and have scarce notes that don't give us a clear picture of the what the inspector has seen. Those really mess us up. We are on a tight schedule and mistakes like that cost us the trust of our borrowers. We have promised to deliver on a specific schedule if they do everything we have asked, and when we cannot deliver, it hurts our credibility.

Pros

The new document center is great! It was not as user friendly before when all documents could not be stored together.

Cons

The report options don't really offer the reports we would like to have

Annmarie P.
Overall rating
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

LG Satisfaction

Reviewed on 2017/01/10

I have been using Land Gorilla's platform for approx. 2 1/2 years now, during which time I have...

I have been using Land Gorilla's platform for approx. 2 1/2 years now, during which time I have seen a lot of progression with systems enhancements. While it provides for most basic day to day business functionality, it still lacks as a true loan servicing/accounting system. It's the greatest strength is the inspection services function. The ease of ordering, the expediency in the turn times, and the efficiency and accuracy of the inspection reports. All aspects of Customer Service in general and response times are excellent! They are very accommodating for the occasional rush requests. It is extremely rare that the inspectors make any errors, and on those occasions, both LG and the inspectors are very prompt in responding and making corrections if/when necessary.

Verified Reviewer
Overall rating
  • Industry: Financial Services
  • Company size: 1 001-5 000 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

This system is very user friendly. The ease of use of awesome!!

Reviewed on 2018/02/09

Pros

I love the ease of uploading documents to the document center. Being able to view documents received for the file in the document center and communicating with the reviewer through the communication log is a great benefit.

Cons

The visibility to see all active files in your pipeline is a feature that need improvement. As it stands today that visibility does not exist. So as a lender we have to manually track all of our active files until the final review has been provided.

Hayley B.
Overall rating
  • Industry: Real Estate
  • Company size: 501-1 000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Land Gorilla Rating

Reviewed on 2016/12/12

I started using the software in February and have felt it has always been very user-friendly. I...

I started using the software in February and have felt it has always been very user-friendly. I was new in construction management and it took no time to learn how to use the software. The support department is always easy to reach either by phone or e-mail and have always been very helpful

Pros

Ability to create reports

Cons

I can't think of any I really enjoy the software

Showing 5 reviews of 10 Read all reviews

Construction Loan Manager FAQs

Below are some frequently asked questions for Construction Loan Manager.

Construction Loan Manager offers the following pricing plans:

  • Starting from:
  • Pricing model: One Time License
  • Free Trial: Not Available

Contact Land Gorilla for pricing details.

We do not have any information about Construction Loan Manager features

Construction Loan Manager has the following typical customers:

Self Employed, 2-10, 11-50, 51-200, 201-500, 501-1 000, 1 001+

Construction Loan Manager supports the following languages:

English

Construction Loan Manager supports the following devices:

Construction Loan Manager integrates with the following applications:

DocuSign, FCRM Insurance

Construction Loan Manager offers the following support options:

Email/Help Desk, Knowledge Base, Phone Support, Chat

Related categories

See all software categories found for Construction Loan Manager.