Construction Loan Manager Pricing, Features, Reviews & Comparison of Alternatives

Construction Loan Manager

Loan servicing solution for construction businesses

4.6/5 (10 reviews)

Construction Loan Manager overview

What is Construction Loan Manager?

Construction Loan Manager by Land Gorilla is a cloud-based loan servicing solution designed to help construction and renovation businesses of all sizes manage their lending processes. The platform enables users to handle the entire loan procedure and streamline pipelines with modules for order management, accounting, interest billing statements, budget tracking, auto-route assignments, and more.

Land Gorilla's Construction Loan Manager allows users to administer pre-closing and post-closing services. Features include change order management, risk monitoring, budget mapping, document tracking, loan note logs, project tracking, and compliance management. Its automated reminder functionality enables users to configure alerts based on multiple event triggers. The platform comes with a contractor management module, which lets teams view order status, loan history, contractor activity, and payment records, and track documents.

Construction Loan Manager lets organizations collaborate with internal, as well as external, stakeholders through draw requests, role-based user access and a contractor/borrower portal. The platform integrates with various third-party applications such as Encompass, Black Knight, DocuSign, Zlien and MRGdocs.
www.landgorilla.com

Pricing

Pricing options
Value for money
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Devices

Business size

S
M
L

Markets

United States

Supported languages

English
Construction Loan Manager screenshot: Land Gorilla Construction Loan Manager custom reports screenshotConstruction Loan SoftwareConstruction Loan Manager screenshot: Land Gorilla Construction Loan Manager data import screenshotConstruction Loan Manager screenshot: Land Gorilla Construction Loan Manager document manager screenshotConstruction Loan Manager screenshot: Land Gorilla Construction Loan Manager project tracking screenshot

Construction Loan Manager reviews

Value for money
Features
Ease of use
Customer support
  4.8
  4.2
  4.6
  4.9
Tim Hill

6 Months Use

Used daily for 6-12 months
Reviewed 2016-12-12
Review Source: Capterra

We have been using the program for 6 months now and it has been extremely helpful. The Land Gorilla team has been extremely helpful in making adjustments to the program that help use a monitor and track our pipelines. Looking forward to starting to utilize other functionality

Pros
Extremely user-friendly, changes made to system go into effect quickly

Cons
Setting up the budget

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Shannon Brown

Great program, but has room for improvement.

Used daily for 6-12 months
Reviewed 2017-02-01
Review Source: Capterra

Overall, this is a great program. However, there are shortcomings that have been a disappointing discovery as time goes on. There are reports that have ample pictures, sufficient notes, and come back to us in a timely manner and that is GREAT! However, there are those cases (that are more frequent than we would like) that come back late, missing items, and have scarce notes that don't give us a clear picture of the what the inspector has seen. Those really mess us up. We are on a tight schedule and mistakes like that cost us the trust of our borrowers. We have promised to deliver on a specific schedule if they do everything we have asked, and when we cannot deliver, it hurts our credibility.

Pros
The new document center is great! It was not as user friendly before when all documents could not be stored together.

Cons
The report options don't really offer the reports we would like to have

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

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Anonymous

This system is very user friendly. The ease of use of awesome!!

Used daily for 1-2 years
Reviewed 2018-02-09
Review Source: Capterra

Pros
I love the ease of uploading documents to the document center. Being able to view documents received for the file in the document center and communicating with the reviewer through the communication log is a great benefit.

Cons
The visibility to see all active files in your pipeline is a feature that need improvement. As it stands today that visibility does not exist. So as a lender we have to manually track all of our active files until the final review has been provided.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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AnnMarie Powers

LG Satisfaction

Reviewed 2017-01-10
Review Source: Capterra

I have been using Land Gorilla's platform for approx. 2 1/2 years now, during which time I have seen a lot of progression with systems enhancements. While it provides for most basic day to day business functionality, it still lacks as a true loan servicing/accounting system. It's the greatest strength is the inspection services function. The ease of ordering, the expediency in the turn times, and the efficiency and accuracy of the inspection reports. All aspects of Customer Service in general and response times are excellent! They are very accommodating for the occasional rush requests. It is extremely rare that the inspectors make any errors, and on those occasions, both LG and the inspectors are very prompt in responding and making corrections if/when necessary.

Rating breakdown

Value for money
Ease of use
Features
Customer support

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Hayley Burton

Land Gorilla Rating

Used daily for 6-12 months
Reviewed 2016-12-12
Review Source: Capterra

I started using the software in February and have felt it has always been very user-friendly. I was new in construction management and it took no time to learn how to use the software. The support department is always easy to reach either by phone or e-mail and have always been very helpful

Pros
Ability to create reports

Cons
I can't think of any I really enjoy the software

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Construction Loan Manager pricing

Pricing options
Subscription
View Pricing Plans

Contact Land Gorilla for pricing details.

Construction Loan Manager features

API
Accounting Management
Audit Trail
Automatic Notifications
Compliance Management
Reporting & Statistics

Accounting Integration (151 other apps)
Activity Dashboard (173 other apps)
Billing & Invoicing (157 other apps)
Customizable Reporting (141 other apps)
Data Import/Export (149 other apps)
Electronic Payments (143 other apps)
Expense Tracking (139 other apps)
Financial Analysis (109 other apps)
Invoice Management (202 other apps)
Invoice Processing (130 other apps)
Multi-Currency (136 other apps)
Real Time Data (136 other apps)
Third Party Integration (160 other apps)
Workflow Management (121 other apps)

Additional information for Construction Loan Manager

Key features of Construction Loan Manager

  • Collateral Tracking
  • Construction Breakdowns
  • Construction Loans
  • Customer Management
  • Electronic Signature
  • Fee Management
  • Government Loans
  • Integrated Vendor Services
  • Investor Management
  • Multi-Branch
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