ReCasa Financial Group is a financial lending company that provides services to real estate investors. Their rehabilitation loans provide 100% financing for the purchase, improvements and closing costs for 1-4 family non-owner occupied properties. Arisen worked closely with President and Controller to design ASP.NET workflow system for loan initiation, funding, invoicing, and payoff of specialty financing for residential property rehabilitation market. The system reduced invoice generation from days to minutes and eliminated potential interest calculation errors. Within six months of deployment, ReCasa was processing three times the number of financed loans (something that would not have been feasible with the prior system).
The ReCasa Loan System (RLS) manages the ReCasa business processes including the:
The RLS reduced the time to produce invoices from days to minutes, decreased time for payment processing, eliminated interest calculation errors, and eased reporting for end of month and end of year.
The tools used for project planning and tracking were:
Project Size and Complexity: