Managing your company’s homebuyer deposits can be an administrative burden. Tracking deposits by development or escrow classification while complying with varying state requirements are often costly and time consuming.
NES Financial’s Homebuilder Escrow Solution offers homebuilders a new, efficient approach to administering their homebuyer deposits in escrow. Our solutions provide advanced sub-accounting services and enhanced reporting capabilities to improve operational efficiency while decreasing costs and risks. Built on a flexible and scalable cloud-based platform, the Homebuilder Solution reduces administration costs for homebuilders while complying with state regulations.
NES Financial’s Homebuilder Solution offers:
- Advanced sub-accounting capabilities to support any number and type of escrow accounts, including non-interest and interest-bearing accounts.
- Automated reporting capabilities that provide audit trails, balances, deposits, disbursements, interest postings and individual balances for any account in real-time.
- Complete transparency through online access to account documentation and transactional activity.
For more information on NES Financial’s Homebuilder Solution, click here.
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