24Draw
24Draw manages all of the key points for residential and commercial construction loans and is not limited to your banking platform. 24 Draw tracks all of the information about the loan including borrowers, builder, property appraiser, and title information. It tracks your interest reserve, inspection schedule, and a journal of notes. It will manage your owners' funds as well as one, to many, buildings.
Managing a building allows for
Templates
Saving and recalling item/contractor templates
Building Draws
Ability to import/export building draws to spreadsheets
Loan Information & Amounts
Summary of loan information and amounts are calculated in real-time across all buildings
Customization
Adding as many draws, holdbacks, interest reserve columns as needed per building
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For commercial loans it also manages the letter of credit and borrowers funds. Ability to manage original construction budget, net change orders and adjusted budget per line item.
Administrative Features
Manage your borrowers, appraisers, title companies and builders.
Offerings
May be run on-site or cloud-based.
Reports
- Loan Summary
- Trial Balance
- Term Expiration
- Construction Builders
- Note Date
- Inspection
- Spec
- Construction Appraisers
- LIP Maturity
- Title Companies
- Residential Construction Builders
About Us
We are experts in the technology that drives your organization's operations; from document management and process flow automation, to networking and security, we are who our clients trust to continually improve their operations in terms of cost, productivity, and compliance.
Quote or Demo?
Are you interested in getting a quote or seeing a demo of one of our solutions? Contact us today for a quote or demo.
Quick Contact
Milwaukee, WI
262-872-0024
info@lemanstech.com