Loan Administration
We Assist Lenders Understand the Construction Loan Development Process by Reducing Risk and Bringing Assurance to Their Loans
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​Getting approved for a construction loan and understanding the process is a battle for the lenders.
Rankin Inspections works with lenders of any size to develop a complete, turnkey construction lending solution to manage your risk and simplify the process.
Designing Your Profitable Construction Lending Program
At Rankin Inspections, we understand the complexities of construction lending. The key to success is to seek help with the construction experts to help you connect all parties. automate the steps, guide the process and fix these issues as they arise and, where possible, prevent them from occurring in the first place
Rankin Inspections dedicated team offers extensive expertise, a customer-service oriented attitude and a broad spectrum of tools – which includes draw management automation via cloud-based, technology integration, detailed draw schedules, and inspection reports, thorough builder reports, comprehensive lien waivers, and so much more – all designed to provide technological management, quick turnaround times and efficiency. ​
Our job is to guide you through your new construction and renovation lending projects journey by mitigating risk while scaling your construction loan pipeline. Here are the toolkits of construction lending program services:
Draw Inspections
Designed to reduce your risk, conducted by trained and certified inspectors, where the inspector checks on the construction site and provide a speedy draw request process and increase audit compliance. Ultimately, saves you time and money.
Collateral Assessment Report
Rankin Inspections is your advocate to mitigate your risk of loss , ensuring the building "idea" is good and offers sufficient costs to support the proposed construction.
Property Information Report
Provides a comprehensive report that summarizes all the information related to the property with an easy-to-use format to help identify any potentially troubled assets
1004 Uniform Residential Appraisal Report (URAR)
Evaluates your property and provides the benefit of a full interior and exterior inspection. For an accurate appraisal valuation
Final Inspection (1004d)
Delivers the final and accurate assessment of the property value to verify the original appraisal and certify construction is completed, confirming the structure was built to plan.