What is construction loan management software?

Two names for one category.

The market often says construction loan management software. Lenders and loan administrators more often say construction loan administration, or CLA. Both names describe the same job: keeping a construction loan in order between closing and the final draw. A lender searching either phrase is looking for the same kind of system.

What the software manages.

A construction loan funds in stages, so the lender has more to track than on a loan that funds once. This category of software typically holds:

• The budget, line by line, with changes and reallocations.
• Each draw request against the draw schedule, with what was asked for and what was approved.
• Approvals, showing who signed off and when.
• Documents, such as invoices, lien waivers, title updates and inspection reports.
• Disbursements, so the balance funded stays in step with the work in place.

It is the loan's record. The lender's LOS, core and servicing systems sit beside it, and each lender decides which system holds what.

What it leaves to the field.

Software that manages the loan does not stand on the lot. Before a draw funds, someone has to document what is built, and that work has its own steps: placing the order, assigning an inspector, capturing photos and percent complete on site, and delivering a report the reviewer can rely on. That is the inspection layer. The draw inspection software FAQs cover how the two layers differ, and where RAZE sits in the construction lending stack shows them side by side.

Why it matters for lenders.

The FDIC's examination manual treats inspection and disbursement controls as core parts of a construction lending program. A lender comparing systems should ask two separate questions: which system keeps the loan record, and how inspection evidence reaches it. A strong answer to the first does not settle the second.

How RAZE handles it.

RAZE is not construction loan management software. The lender keeps the LOS, core, servicing and CLA systems it already runs, and RAZE works beside them as the inspection layer: lenders order draw inspections in the Ordering Engine, by the RAZE API or through the RAZE MCP, and each visit returns one standardized report with photos linked to draw sheet line items. RAZE integrates with the construction loan management software, or CLA system, a lender already runs. See how the CLA integration works.