Trinity Inspection Services, LLC has integrated with ISGN’s TCL product, providing construction lending web inspection services that streamline the lending process, eliminate duplicate data entry and provide significant enhancements for residential and commercial construction lending.
ISGN’s TCL construction loan platform simplifies and automates the management of all residential and commercial loans within one, configurable system. TCL provides a real-time view of loan portfolios and day-to-day operations including disbursements, budgets, property inspections and document tracking, reducing data error and duplication.
Through this integration, TCL users now have access to Trinity’s web inspection services. Trinity’s portfolio of construction lending services allow construction lenders to focus on their core business of selling and originating construction loans while leaving all or some of their back office functions to Trinity. In addition to web inspections, their services include builder registration, appraisal, collateral review, project costing, budget evaluation, draw inspection, date down, permit verification, appraisal completion certificate, troubled asset management and builder replacement assessment.
“The addition of Trinity Inspection Services is an integral part of the expansion of our TCL Web Inspection Network,” said Paul Imura, CMO of ISGN. “This new partnership will advance our mutual goal of ensuring that the back office processes of construction loan servicing become more effective and efficient.”
Construction lenders that leverage TCL will have complete control of the end-to-end management of the entire loan lifecycle, providing the flexibility they need to increase their loan portfolio without adding to overhead costs including control over the draw process for validation of overline conditions, missing/expired documents and past due interest. Additionally, TCL can offer alternative financing programs, process and administer competitive and flexible programs for loans, and track borrower relationships and complex lines of credit.
About The Author
Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.