Which of the following is NOT a function of the Construction Loan Administration feature?

Study for the nCino Business Value Exam. Explore flashcards and multiple choice questions, complete with hints and explanations. Prepare for success!

The Construction Loan Administration feature is designed to streamline and enhance the management of construction loans specifically related to tracking and administering the loans throughout the construction process.

Tracking project completion is a key component, allowing lenders to monitor progress against project milestones. Managing budget templates helps ensure that funds are allocated and managed correctly throughout different phases of the construction project. Submitting and tracking draw requests is crucial, as this process involves the disbursement of funds based on completed work and other financial needs throughout the construction cycle.

Contrastingly, marketing construction loans falls outside the scope of this feature's intended purpose. While marketing is essential to attract borrowers, it is not a function related to the ongoing administration or management of the loans once they are in place. Thus, it is correct to identify marketing as not being a function of the Construction Loan Administration feature.

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