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News Release
Construction Lending Strategic Alliance Sets
New Standards For Managing Troubled Construction Portfolios.
TT Lender Solutions announces a strategic alliance with CIS Inspects, forged to create a best in class solution to offer lenders an operational alternative to managing non-performing or troubled residential and small commercial construction loans.
The strategic partnership provides an outsource services solution for lenders, banks or agencies trying to manage a growing portfolio of new construction real estate assets that fall into
non-performing categories: stalled construction, abandoned construction, under budget construction, or builder or borrower resolution issues.
“Together we offer a full range of inspection and due diligence services to residential and commercial lenders across the United States, coupled with back office loan administration, draw coordination and project level analytics. With a team of trained professional inspectors, and seasoned construction loans specialist, our experienced staffs are prepared to provide you with an endless variety of loan level or project level services,” states Steve Clark, President of CIS Inspects.
The teams of CIS Inspects and TT Lender Solutions have unprecedented success in the area of Construction Management Services, including Construction Loan Loss Mitigation, Construction cost reviews, percent complete analysis, stalled or abandoned project management and many more specialties, resulting in mutually beneficial results and reduced cost expenditures for the lender.
“Our alliance with CIS Inspects creates an extremely dynamic group of professionals to develop innovative solutions based on our clients needs. Whatever non-performing loan problems you have, we have decades of experience in inspection services, construction lending, and loss mitigation to help you solve them,” explains Chaz Seale, Vice Chairman, TT Lender Solutions.
For more information about managing non-performing construction loans and reducing cost expenditures,
contact us
on the web, or call TT Lender Solutions at 800-451-8251.
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