MARK SYSTEMS' homebuilder Loan Accounting
software lets home builders of any size manage
any number of A&D or vertical construction loans. Utilizing
MARK SYSTEMS single data base, IHMS homebuilder
accounting gives you real time control over every
aspect of home building cash management.

detailed loan activity by house
An integral part of MARK SYSTEMS' home builder accounting software, the Construction Loan Accounting module makes it easy to track every type of loan draw directly to where it was used and to the loan it came from.. MARK SYSTEMS' Construction Loan Accounting tracks up to 100 separate lenders per entity, with an unlimited number of loans from each lender. Loans can be tied to a community, a group of houses, or to individual houses. Each loan draw (recorded through the Cash Receipts component) is tracked directly to the associated job by draw code, including payoffs, giving you instant access to the current status of every loan and every house.

Of course, .MARK SYSTEMS' Construction Loan Accounting uses the same system-wide data base as the rest of MARK SYSTEMS' IHMS home builder software. By tying loan draws directly into MARK SYSTEMS Home Builder Construction Scheduling process, you gain unprecedented insight into anticipated loan draws. At any point in time, see exactly how much is available to draw by house, based on each houses draws to date, scheduled value and current construction status.

For those loans that are based on incurred costs rather than inspections, MARK SYSTEMS' Construction Loan Accounting lets you print detailed draw requests, including a summary Application and Certification, Sworn Statement, and detailed draw request by cost code.
For those builders that capitalize loan interest, the Construction Loan Accounting system let's you set interest rates by loan, by day, and will automatically allocate the interest due directly to the associated house or project based on the draw date and amount of each take down.

. automated repayment at closing
As part of MARK SYSTEMS' home builder accounting software, the information managed by the Construction Loan Accounting system becomes part of the knowledge base created for each building company. Construction loan information is included automatically on each Pre-Settlement Worksheet, and in every Settlement / Closing entry made through the Settlement Data Entry component of Cash Receipts.

The Bottom Line: MARK SYSTEMS Construction Loan Accounting improves cash flow, speeds accurate loan reporting, and simplifies loan repayments and house closings.

No other home builder software gives you the power, flexibility, ease of use and return on investment MARK SYSTEMS' Integrated Homebuilder Management System. The premier residential construction accounting software on the market today, IHMS combines a proven track record of performance with cutting edge technology to give you the financial control today's tough business climate demands.

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American Management Enterprises, Inc.