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Commercial Lending

Commercial Lender’s Guide to Automating the Complex Loan

Futureproof Commercial Lending Discover the full potential of your commercial lending operations with our comprehensive guide. The Commercial Lender’s Guide to Automating the Complex Loan provides key insights on how to automate documentation for small-balance, mid-market, and large-cap loans using advanced technology. What’s Inside Transitioning from traditional methods Detailed Insights on Complex Loans Protections for...

August 18, 2024
Commercial Lending

Futureproof Commercial Lending: Complex Loan Automation

The ‘Must-Have’ Closing Technology You Didn’t Know You’ve Been Missing Believe it or not, we find that most commercial lenders do not realize they can automate complex loans. We hear it every day from top lenders we talk to: “Automation of complex loans just isn’t possible.” Well, guess what? You can and, dare we say,...

July 25, 2024
Commercial Lending

Futureproof Commercial Lending: The ROI of Automating Complex Loans

The ROI of Automating Complex Loans Automating complex loans with GoDocs delivers substantial ROI, providing lenders with a significant advantage in a competitive marketplace. Here’s how automation transforms the lending process and enhances operational efficiency: 15 Benefits of Automation Eliminate legal fees, manual processes, and delays Save hundreds and often thousands of dollars per loan...

July 25, 2024
Banks

Why Commercial Banking Institutions Should Futureproof Now

Futureproofing in Commercial Lending With ongoing market shifts continuing to dominate the commercial lending landscape, savvy financial institutions (FIs) must keep one priority front and center—futureproofing strategies to remain competitive. As dynamics shift and technological innovations accelerate, the urgency to adapt is more critical than ever for these institutions. New lending platforms are innovating rapidly,...

July 10, 2024
Banks

5 Critical Futureproofing Strategies in Commercial Lending

Futureproofing for Financial Banking Institutions The commercial lending landscape is rapidly evolving, driven by technological advancements and changing borrower expectations. To stay competitive and to futureproof operations, lenders must adopt innovative strategies that streamline processes, ensure compliance, enhance efficiency, and improve customer experiences. This article explores five critical strategies that address the key challenges faced...

June 18, 2024
Banks
Banking Commercial Lending Case Study

Case Study: First Mid Bank Fast-Tracks New Market Entry in Commercial Lending

About First Mid Bank & Trust First Mid Bank & Trust (First Mid), a leader in community-driven banking, has consistently demonstrated its commitment to growth through strategic acquisitions and a digital-first approach. This strategy has enabled First Mid to extend its market reach, enhance service capabilities, and drive business and community success across its regions. Overcoming...

June 6, 2024
Banks
portfolio loans and lender closing instructions

Automating Portfolio Loan Documents

Did you know that GoDocs automates portfolio loan documents with ease? Efficiency is the driving force behind success in today’s real estate market. Every step of the process, from acquiring a property to closing a deal and managing investments, requires a smooth and seamless approach. However, the complex nature of real estate financing can lead to...

May 8, 2024
Commercial Lending
Securitization of Residential Transition Loans

Securitization of Residential Transition Loans

When it comes to residential transition loan securitization, private lenders need solutions that work with changing market conditions and legal standards. GoDocs offers document packages that are designed to meet the strict standards necessary for loan securitizations and other loan sale purposes, making our automated loan documents superior to the competition. Our automated legal and market compliance covers all...

March 26, 2024
Banks
New York Lien Laws in Commercial Lending

Adapting to New York Lien Laws for Expanding Commercial Lenders

For commercial lenders, the New York lien laws for ground-up construction and fix and flip projects can be tricky. Reflecting the growing interest in New York’s market, we hear from our lenders about their desire to expand their lending into the New York market, especially in sectors like ground-up construction and fix and flip loans....

March 25, 2024
Banks
State of Digital Transformation in Commercial Lending

State of Digital Transformation in Commercial Lending for the Top FinTech Verticals

Banks, Credit Unions, and Private Lenders In today’s financial landscape, the journey towards digital transformation is rapidly reshaping the world of commercial lending. Here we will take a detailed look at the current state of digital transformation among the leading commercial lending verticals. It’s a landscape where banks, credit unions, and private lenders are all...

February 29, 2024
Commercial Lending
2024 Digital Transformation in Commercial Lending — A Critical Shift Blog.png

2024 Digital Transformation in Commercial Lending — A Critical Shift

The commercial real estate market in 2024 is experiencing a period of recalibration. However, this presents an excellent opportunity for commercial lenders to leverage digital transformation as a strategic imperative while waiting for the Federal Reserve to lower interest rates. Despite the potential for a delayed rebound, commercial lenders can confidently capitalize on the current...

February 15, 2024
Commercial Lending

Harnessing Digital Transformation: Shaping the Future of Commercial Lending and Multifamily Lending

Overview of Commercial Lending Market Trends The Mortgage Bankers Association (MBA) forecasts a rise in commercial and multifamily mortgage borrowing and lending, projecting an increase to $576 billion in 2024, a notable 29% jump from 2023. This shift counters a recent lull in the sector, which MBA’s Jamie Woodwell notes as the slowest in a decade. Particularly,...

January 29, 2024

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