Enjoy a whole host of improvements with our online 203K fund control software.

Sometimes, adopting a new software seems like a mixed blessing. Sure, it may deliver improvements in some areas, but it may complicate your processes in others. There may be a stiff learning curve too. Fortunately, you don’t have to worry about these issues when you switch to ECL’s online 203K fund control software.

Easy Adoption & Implementation

Our online 203K fund control software is built on the principle that adopting a new software should always make your life easier, not harder. Our software can be customized to suit the way you do business, so you get all the features you want and none that you don’t. The software interface is very easy to use and is equally accessible to onsite and offsite employees.

All the Tools Needed for 203K Loan Administration

While our software can be customized to handle any kind of loan account, it is specifically designed to handle FHA 203K renovation loans. To this end it includes everything needed to initiate, manage, and administer a loan in one integrated system with single-entry functionality. Using our online 203K fund control software you can:

  • Manage leads and contacts
  • Collect verification of borrowers’ and contractors’ qualifications
  • Create communications from customizable templates
  • Import budgets from spreadsheets and track budget changes
  • Track work inspections
  • Create vouchers and disbursement checks
  • Manage interactions with any outside lending institutions
  • Easily view complete loan information at any time

Robust Reporting Features

Using separate systems for day to day loan management and reporting can be quite a hassle. It might take ages to export all the data you need, and by the time you get the finished report it might be outdated due to changes in loan account information. Fortunately, our online 203K fund control software already includes all the reporting features you need so you don’t have to worry about delays and inaccuracies. We have preprogrammed many basic reports for you, and you can customize and save these report queries or create your own from scratch as needed. You can even run reports on potential future scenarios using the stress testing feature.

Request Your Free Demo of Our Online 203K Fund Control Software Now

If you would like to see our online 203K fund control software for yourself, please contact us now. Just tell us a little bit about your needs and we’ll provide a free personalized online demo.