Construction loan management software platform Land Gorilla announced it is now a preferred partner with The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, according to a press release.
The partnership will provide TMC’s network of independent mortgage bankers, banks and credit unions direct access to Land Gorilla’s suite of construction lending tools and expertise.
“At The Mortgage Collaborative, our lenders are the driving force behind every new initiative and the foundation of our key benefits,” TMC CEO Jodi Hall said in the release. “Their growth in construction lending has been both inspiring and instructive, and we’ve listened closely to their call for specialized resources. Welcoming Land Gorilla as a preferred partner is a direct response to that need. Their expertise in construction loan management fills a critical gap and empowers our members with the tools and support to scale confidently in this space.”
As the only construction loan management software vendor in the network, Land Gorilla will work directly with TMC and its members to address the complexities of construction lending, providing technology-driven solutions that simplify processes, mitigate risk and drive growth.
“We are thrilled to partner with The Mortgage Collaborative to bring our technology to their members,” Land Gorilla CEO Sean Faries said. “Together, we can help TMC members expand into or grow their construction lending portfolios with greater efficiency, cutting edge risk controls and a best-in-class borrower experience. As the only construction loan management software provider in the TMC network, we look forward to delivering the capabilities members need to compete and thrive in this market.”
The Land Gorilla platform is designed to connect all stakeholders in the home construction lifecycle – lenders, builders and borrowers – through a single, transparent and automated workflow. The platform is intended to provide lenders stronger risk mitigation through features such as automated lien waivers, risk scoring, streamlined document processing and real-time reporting and analytics.