Posts by Bob Schulte

What is Loan Modification & Why Should Lenders Offer This Service to Borrowers?
Read Time: 9 mins

What is Loan Modification & Why Should Lenders...

Over the years, I’ve seen lenders face a tough question: What happens when a good borrower falls on hard times?...

Loan Modification v/s Loan Refinancing: Choosing the Best Option for Your Borrowers
Read Time: 6 mins

Loan Modification v/s Loan Refinancing: Choosing the Best...

When borrowers hit a rough patch, they often feel like they’re stuck at a fork in the road, unsure which...

Essential Elements of a Draw Schedule that Construction Lenders Should Know (+ Free Template)
Read Time: 6 mins

Essential Elements of a Draw Schedule that Construction...

In construction lending, projects often end up spanning months or even years. In such a scenario, a well-defined draw schedule...

Scale Your Private Equity Lending Operations with Loan Servicing Software
Read Time: 5 mins

Scale Your Private Equity Lending Operations with Loan...

The private equity landscape is undergoing a seismic shift. What was once a niche sector has exploded into a behemoth,...

Implications of Non-Compliance in the Lending Industry (+ How to Avoid It)
Read Time: 7 mins

Implications of Non-Compliance in the Lending Industry (+...

The lending industry operates under strict regulatory frameworks designed to protect consumers and maintain financial stability. But it’s not just...

How Bryt Software Supports In-Depth Risk Assessments for Commercial Lenders
Read Time: 6 mins

How Bryt Software Supports In-Depth Risk Assessments for...

As someone who has spent over a decade working closely with lending institutions, I have seen my fair share of...

Leverage Data & Analytics to Optimize Your Consumer Mortgage Lending Portfolio
Read Time: 6 mins

Leverage Data & Analytics to Optimize Your Consumer...

The lending industry is often synonymous with the term 'high-risk.' This is especially true for consumer mortgage lenders who cater...

Key Consumer Lending KPIs Every Lender Must Track
Read Time: 10 mins

Key Consumer Lending KPIs Every Lender Must Track

As a consumer lender, the success of your lending institution is not determined by the number of borrowers you onboard...

How to Leverage CDFI Lending Guidelines to Optimize Loan Management
Read Time: 10 mins

How to Leverage CDFI Lending Guidelines to Optimize...

Community Development Financial Institutions (CDFIs) are vital in fostering economic growth in underserved communities. I have closely observed their work...

Top Terminologies in Periodic Loan Statements to Understand Your Financial Transactions
Read Time: 5 mins

Top Terminologies in Periodic Loan Statements to Understand...

Periodic loan statements are crucial tools for borrowers to manage their loans effectively. These statements provide a detailed overview of...

Strategic Approaches to Effective Escrow Calculations for Lenders
Read Time: 8 mins

Strategic Approaches to Effective Escrow Calculations for Lenders

Imagine a world where escrow calculations are a breeze, not a nail-biting guessing game. A world where surpluses and shortages...

A Comprehensive Guide to Loan Management System Workflows
Read Time: 8 mins

A Comprehensive Guide to Loan Management System Workflows

The success of lending institutions is now based on offering the best rates or the most attractive terms. You need...

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