Land Gorilla, the leading provider of construction lending software, announced that Rally Credit Union has selected its innovative platform to streamline and enhance the management of construction loans. Recognizing the growing demand for construction financing and the need for more efficient operations, Rally Credit Union aims to transform its commercial and residential construction loan management processes with Land Gorilla, setting a new standard for efficiency and member satisfaction.
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Rally Credit Union’s decision to partner with Land Gorilla was driven by the platform’s ability to centralize and automate critical aspects of the construction lending lifecycle. By implementing the Land Gorilla platform, the credit union will benefit from:
- Enhanced operational efficiency: Land Gorilla’s centralized system streamlines the management of all construction draw requests, documentation, communication and more, reducing manual processes and accelerating turnaround times.
- Improved stakeholder collaboration: Land Gorilla’s platform will foster seamless communication and collaboration among Rally Credit Union, its members, and builders, ensuring transparency and keeping projects on track.
- Seamless system integration: The platform’s robust integration capabilities with Encompass by ICE Mortgage Technology ensures a smooth and efficient flow of data, eliminating redundancies and enhancing data accuracy.
- Expedited inspections: Leveraging Land Gorilla’s integrated inspection solutions will enable Rally Credit Union to expedite the draw disbursement process, providing builders with faster access to funds and improving overall project timelines.
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“At Rally Credit Union, we are committed to providing our members with personalized and straightforward home loan solutions that improve lives and drive possibilities,” said Roman Escobar, Chief Lending Officer – Mortgage at Rally Credit Union. “Partnering with Land Gorilla is a significant step in enhancing our construction lending capabilities. Their platform’s ability to centralize documentation, improve communication, integrate with our loan origination system, and streamline inspections will allow us to deliver a superior experience to our members and build stronger relationships within our community.”
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“We are thrilled to welcome Rally Credit Union as a valued client,” said Sean Faries, CEO of Land Gorilla. “Their commitment to member service and operational excellence aligns perfectly with our goal of empowering financial institutions with best-in-class construction lending technology. We are confident that our platform will enable Rally Credit Union to achieve significant efficiencies, mitigate risk, and scale its construction lending portfolio effectively.”
This partnership underscores the growing recognition among financial institutions that technology is essential for navigating the complexities of construction lending and capitalizing on market opportunities. Land Gorilla’s comprehensive platform is designed to address the unique challenges of construction loans, providing financial institutions with the solutions they need to thrive.
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Source – prnewswire
