262-872-0024     Milwaukee, WI     info@lemanstech.com

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

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