Solutions

Four document solutions:

  • Loan document packages for virtually any type of commercial real estate or C&I loan
  • All commercial property types, including: retail, office, warehouse, mixed-use, hotel/motel, church, school, self-storage, etc.
  • Term loans, fixed, adjustable, interest only, revolving lines of credit, bridge loans, rehab loans
  • C&I loans secured by any combination of collateral – “all assets”, accounts receivable, real estate, etc.
  • Loan document packages specifically tailored for loans secured by multifamily properties (5 or more units)
  • All multifamily property types, including: apartments, mobile home parks and assisted living facilities
  • Term loans, fixed, adjustable, interest-only, revolving lines of credit, bridge loans, rehab loans
  • A custom-tailored solution to conform with each lender’s loan programs and requirements
  • Loan document packages specifically tailored for business purpose loans secured by 1-4 unit residential properties
  • Document packages are custom tailored for each transaction, lender requirements and applicable state law
  • The perfect compromise between simplistic “form” software and expensive attorney-prepared documents
  • Fifty-state compliance provides a uniform document platform for lenders who make loans in multiple states
  • Modification documents for commercial, multifamily and investor-owned 1-4 unit loans
  • Loan modifications
  • Loan extensions
  • Loan assumptions and modification-assumptions

Two support levels:

  • A fully automated document preparation platform
  • Enter or import data then download documents immediately
  • When there is a need for speed – GoDocs standard support level delivers!
  • Unlimited phone, email and help center support
  • GoDocs standard support level offers our lowest low price point
  • GoDocs premium support level offers the utmost flexibility and the security of knowing that one or two document specialists are assigned to each order
  • Special instructions, one-off terms, and non-standard provisions are no problem with GoDocs premium support  
  • The typical turnaround time is next business day
  • We built our reputation with our premium support level – many of our longtime customers choose our premium support level for all transactions

Compare to Other Solutions

Click to Compare GoDocs to Other Solutions

Compare to Typical Software Solutions
GoDocs
Software Focus
'Laser-focused' on commercial real estate and income property loans.
Ease of Use/Staff Training Requirements
Intuitive, simple web interface - no training required.
Document Quality
Sophisticated documents assembled clause-by-clause, based on customer preferences, transaction terms, property type, and property location.
Customer Support
Unlimited software support support from IT team and subject matter support from our expert team of attorneys and document specilists.
Handles One-Off Terms and Complex Transactions
Absolutley! Our premium support level is able to handle even the most complex transaction terms and one-off conditions.
File Format Options
PDF format for private lender customers. Bank and credit union customers may choose between Microsoft Word or PDF file formats.
Ability to Edit Documents
Yes - Microsoft Word format (available to bank and credit union customers) may be easily edited.
Licensing Fees/Setup Charges
Pay-as-you-go pricing - no licensing fees or setup charges. GoDocs basic "Blue" subscription plan is $50 per month.
State Law Compliance
50-state compliance included at no additional charge.
Legal Support
Yes - GoDocs customers have access to reasonable flat-rate legal services from allied law firms.
LOS Data Integration
Yes.
Reputation in Industry
The 'Gold Standard' of CRE/income property loan documents - superior document quality is readily apparent to regulators and potential investors.
Compare to Typical Software Solutions
Typical Software Solutions
Software Focus
All purpose - including consumer loans and owner-occupied home loans.
Ease of Use/Staff Training Requirements
Extensive initial training and periodic ongoing training required.
Document Quality
Simplistic fill-in-the-blank "form" documents.
Customer Support
Software support only - no subject matter expert support.
Handles One-Off Terms and Complex Transactions
No.
File Format Options
Documents often supplied in a proprietary file format.
Ability to Edit Documents
Difficult or impossible to edit document text - any document edits or riders may void compliance warranties.
Licensing Fees/Setup Charges
Significant up-front licensing costs as well as ongoing maintenance costs.
State Law Compliance
Setup charge for plus ongoing compliance maintenance fees for each state.
Legal Support
No.
LOS Data Integration
Maybe, as custom, additional cost add-on.
Reputation in Industry
Simplistic form documents are poorly-regarded by most real estate finance attorneys and often-times by regulators and investors.
Compare to In-House Doc Prep Solutions
GoDocs
Software Development Costs
Turnkey solution - no development or setup costs.
Template Development Costs
None - flexible, sophisticated templates developed over two decades.
State Law Compliance
50-state compliance included at no additional charge.
Legal Compliance Ongoing Maintenance Costs
Legal compliance is maintained on an ongoing basis.
Ongoing Internal Staffing Requirements
No staffing costs to develop and maintain platform.
Training Requirements
Intuitive, simple web interface - no training required.
Software Platform Maintenance and Upgrades
None.
Handles One-Off Terms and Complex Transactions
Absolutley! GoDocs premium support level is able to handle even the most complex transaction terms and one-off conditions.
User Support
Unlimited software support support from our IT team and subject matter support from our expert team of attorneys and document specilists.
Legal Support
Yes - GoDocs customers have access to reasonable flat-rate legal services from allied law firms.
LOS Data Integration
Yes.
Compare to In-House Doc Prep Solutions
In-House Doc Prep Solutions
Software Development Costs
Significant.
Template Development Costs
Major undertaking to develop templates that can handle a wide vaiety of transactions.
State Law Compliance
Multi-state legal compliance is a significant initial undertaking and ongoing burden.
Legal Compliance Ongoing Maintenance Costs
Initial compliance can quickly become out-of-date. Maintining up-to-date legal compliance is an expensive recurring cost.
Ongoing Internal Staffing Requirements
Ongoing staffing costs to develop and maintain the platform.
Training Requirements
Homegown systems are unlikely to be intuitive and user-friendly. Initial training of existing staff and periodic training of new staff is required.
Software Platform Maintenance and Upgrades
Software platform will need to be maintained and updated to handle new transaction types and keep up with evolving technology.
Handles One-Off Terms and Complex Transactions
No.
User Support
Ad-hoc at best.
Legal Support
No.
LOS Data Integration
Maybe, with additional development costs.
Compare to Law Firms
GoDocs
Ordering Documents and Communication of Transaction Terms
Easy to order documents and communicate transaction terms via intuitive web interface.
Turnaround Time
Download documents immediately with GoDocs standare support level. Turnaround for premium support orders is next business day - rush turnaround in as little as four business hours.
State Law Compliance
50-state compliance included at no additional charge.
Document Consistency from State-to-State
Except for state-specific changes, documents are consistent nationwide.
Cost
Reasonable, predictable flat rate pricing per published pricing schedule.
Additional Legal Services Required
GoDocs customers have access to reasonable flat-rate services from allied law firms.
Handles One-Off Terms and Complex Transactions
Absolutley! GoDocs premium support level is able to handle even the most complex transaction terms and one-off conditions.
User Support
Unlimited software support support from our IT team and subject matter support from our expert team of attorneys and document specilists.
LOS Data Integration
Yes.
Compare to Law Firms
Law Firms
Ordering Documents and Communication of Transaction Terms
Emails, email attachments and phone conversations.
Turnaround Time
Turnaround time varies with attorney availability and transaction terms. Law firm turnaround time is almost certainly slower than LoanDocSolutions.
State Law Compliance
Multi-state legal compliance typically requires use of multiple law firms.
Document Consistency from State-to-State
Use of multiple law firms results in inconsistency in document formats and terms from state-to-state.
Cost
Using law firms to prepare loan documents results in higher costs. Legal fees frequently exceed initial estimates.
Additional Legal Services Required
Law firms provide required additional services for additional fees - most often on an hourly basis. Exact legal costs may not be known prior to closing.
Handles One-Off Terms and Complex Transactions
Yes.
User Support
Yes - typically charged on an hourly basis for attorney time incurred.
LOS Data Integration
Unlikely

Have questions?

=

Our FAQ page has answers to many frequently asked questions

=

Submit your questions using the contact form below

=

Schedule a 15-minute call using the chatbot on the bottom right