Rabbet Construction Lending - 2026 Pricing, Features, Reviews & Alternatives

Rabbet Construction Lending is construction loan management software for banks, credit unions, debt funds, and private lenders. It supports commercial, consumer, and homebuilder construction loans, from single-market community lenders through national institutions.

Construction lending runs on documents. A single draw can arrive as a hundred-page PDF holding a pay application, dozens of invoices, lien waivers, and an inspection report, with nothing indicating which budget line each piece belongs to. Rabbet Construction Lending brings loan administration, documentation, draw review, and portfolio reporting into one system, so lending policy is applied consistently and every dollar released carries the evidence and audit trail required to move money.

Draw review and document handling:

Borrower submissions arrive through a central inbox or a borrower portal. Rabbet classifies and splits the package, reads the documents, and ties each one to the right budget line item. Subcontractor detail is reconciled against the general contractor pay application, so the G703 continuation sheet ties to the loan budget without anyone rebuilding it in a spreadsheet. Retainage is tracked per line and per vendor. What arrives as a chaotic submission becomes a review-ready package.

Compliance and risk control:

Automated compliance checks run before funding and flag violations rather than leaving them to catch on a second read. Lien waiver coverage, proof of payment, and inspection validation sit in one dashboard alongside SLA tracking, so nothing waits in someone's inbox unnoticed. Budget adjustments carry their reasoning. Approval workflows record who approved what, when, and against which documents, producing the audit trail examiners and auditors ask for without a separate reconstruction effort.

Portfolio insight:

Loan-level health, cost modeling, automated re-forecasting, and capital projections roll up into portfolio dashboards and cross-loan reports. Risk stays visible as projects evolve instead of surfacing at the next quarterly review. Self-serve and customized reports deliver the numbers to credit committees, investors, and participating lenders in the format they expect.

Borrower and third-party access:

Borrowers submit through a structured portal rather than an email thread. Inspectors upload reports directly. Consultants and participating lenders can be invited into a project with appropriate access. Every plan includes unlimited users, so cost tracks loan volume rather than headcount.

Integrations and data access:

Rabbet offers an open API and integrations so loan and draw data reaches the systems your institution already runs on, including core banking, servicing, and document repositories. Single sign-on is available. Rabbet maintains SOC 2 compliance.

Pricing:

Rabbet Construction Lending is priced per draw rather than per user. Draw credits are purchased at the start of the contract based on expected volume, and one credit is used when a draw is created. Draws you never create cost nothing. Commercial construction loans run $120 to $215 per draw depending on plan, consumer construction loans run $60 to $107.50, and homebuilder revolving facilities are priced to the portfolio. Contract minimums apply.

Implementation and support:

Annual subscriptions include onboarding, product training, and customer support.

Rabbet is a real estate software company based in Austin, Texas, with two products: Rabbet Development for owners, developers, and asset managers, and Rabbet Construction Lending for institutions that finance construction.

Rabbet is the financial foundation for every funding decision.