Automate payment collection, track construction draws, manage borrower relationships, and generate real-time reports, all from one platform.
Eliminate manual data entry for construction loan payments and draw tracking. Automate payment processing, ACH collections, and borrower notifications to reduce errors across your portfolio.
Give borrowers and builders 24/7 access to loan data through Bryt’s white-label portal. Borrowers view statements, track draw status, download 1098s, and make payments without contacting your team.
Get real-time notifications for draw requests, payment applications, ACH deposits, and upcoming debits. Automate statement distribution and borrower communications.
Bryt’s double-entry accounting handles impound accounts for construction loans with tax and insurance escrows. Prioritized impound collection ensures accurate payment allocation.
Generate construction-specific documents, draw request forms, progress payment schedules, lien waiver templates, borrower statements, and amortization schedules. Customize for residential or commercial projects.
Configure payment schedules for any construction loan structure. Set up interest-only payments during construction, monthly draws, or custom frequencies aligned with project milestones.
Bryt’s Asset and Insurance Tracking Module,customized for asset-defined lending programs, offers a streamlined approach to information sharing. Its collateral management features empower lenders to identify under-collateralization, stay compliant with regulations, and manage insurance policies efficiently.
Connect Bryt with your core banking system, loan origination software, payment processors, and inspection platforms via REST API. Build a unified construction lending workflow. Remove unattributed percentage stats.
of enterprise have adopted API usage
of all B2B collaboration occurs via API
of respondants believe their use of APIs improve their competitive differentiation
As your construction loan portfolio grows, Bryt scales with you. 99.95% uptime, automatic infrastructure scaling, and no manual upgrades. Add new loan officers and borrowers without capacity constraints.
Construction loan data is protected with Microsoft Azure enterprise-grade encryption, redundant infrastructure, and SOC-compliant security. Role-based access controls ensure your team only sees what they need.
Construction loan management software is a platform that helps lenders manage the servicing and administration of construction loans. It automates tasks like payment collection, draw tracking, borrower communication, document generation, insurance monitoring, and portfolio reporting.
Bryt focuses on loan servicing and portfolio management rather than origination. Once a construction loan is originated, Bryt manages the full servicing lifecycle, payments, borrower communication, draw tracking, document management, and tax reporting. For origination, Bryt integrates with third-party LOS platforms via API.
Yes. Bryt’s construction loan tracking tools let you manage draw requests, track disbursements against project budgets, and maintain records of each funding event. Borrowers can view draw status through the white-label borrower portal.
Bryt supports interest-only payments during the construction phase, monthly principal + interest, custom draw schedules, and flexible payment frequencies. You can configure different structures for residential and commercial construction loans.
Bryt provides automated 1098 and 1099 tax reporting, real-time audit trails for all loan activity, automated borrower notices, and document management. All data is stored on Microsoft Azure with enterprise-grade encryption.
Yes. Bryt offers a free trial with full platform access including loan servicing, payment management, reporting, and document automation. No credit card required.
Yes. Fully cloud-based on Microsoft Azure. No software to install, no servers to maintain, and no manual upgrades. Your team can access the platform from any browser with enterprise-grade security.
Yes. Bryt provides a white-labeled borrower portal where construction borrowers can view their loan details, payment schedules, draw status, 1098 forms, and make payments directly. The portal integrates into your website under your brand.