News Column

Trinity Real Estate Solutions Launches Business Unit to Meet Back-Office Needs of Residential Construction Lenders

June 13, 2014



By a News Reporter-Staff News Editor at Real Estate Weekly News -- Trinity Real Estate Solutions, Inc., a national provider of construction lending services and specialty inspection, announced the addition of Trinity Loan Administration, LLC to its family of companies to allow lenders to quickly start or grow residential construction lending back-office operations.

Trinity Loan Administration (TLA) handles the comprehensive back-office loan process, including appraisals, builder registration, collateral review, draw inspections, title updates and lien wavers, giving customers the ability to make informed decisions and focus on growth opportunities.

"Given the increasing demand for real estate today, we know ramp-up time is critical in this market when lenders are looking for loan activity to replace refinance and resale loans," said Brad Meyer, president and chief executive officer of Trinity Real Estate Solutions. "We formed Trinity Loan Administration to fulfill an urgent industry need and support the increasing demand for construction to permanent loans via start-ups or expansion of departments, in days versus months. Trinity is committed to meeting customer needs in this dynamic industry, and we look forward to the growth of this new division as clients enjoy the benefits of our services."

TLA collaborates with customers to meet their process flow and lending goals. Fully-integrated with TCL™ (The Construction Lender) or other preferred construction management software, TLA provides a stand-alone website, which can be privately labeled, for borrowers or builders to request funds and streamline funding timeframes.

TLA's in-house team will manage all aspects of the technology and operations side of the business, which is led by Jerry Sattler, a 20-year veteran of construction to perm operations with two major lenders.

Providing a unique flat-fee pricing model, TLA helps lenders avoid compliance issues and re-disclosure at completion of the project. About Trinity Real Estate Solutions Trinity Real Estate Solutions is a national provider of construction lending services, inspections, property preservation, consulting services, specialty inspections and valuation analysis for residential, commercial and business properties. Its products are designed to mitigate risk and provide onsite assessments of properties. Founded in 2003, Trinity has grown from one company in a specialized industry, to four companies today - Trinity Inspection Services, Trinity Field Services, Trinity Appraisal Services and Trinity Loan Administration - operating in the banking, mortgage lending, credit card and insurance industries nationwide. Headquartered in Dallas, Trinity has more than 10,000 field appraisers, inspectors, contractors and brokers across the country serving coast-to-coast in all 50 states.

TCL™ is a trademark of ISGN Solutions, Inc.

Keywords for this news article include: Trinity Real Estate Solutions Inc.

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Source: Real Estate Weekly News


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