# US 2014/0156502 A1 · Conducting a loan

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- Number: US 2014/0156502 A1
- Document ID: US20140156502A1
- Status: Published application
- Kind: A1
- Application number: 13/836,227
- Filed: 2013-03-15
- Published: 2014-06-05
- Earliest claimed: 2012-12-04
- Inventors: Anthony Orso; Jill Weinstein; Brett Katz; Michael Brown; Michael May; Patrick Quinn
- Web page: https://patentgrep.com/patent/US20140156502A1

## CPC

- G06Q 40/03: Credit; Loans; Processing thereof
- G06Q 20/02: involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
- G06Q 20/10: specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
- G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR

## Abstract

Methods and systems are disclosed for conducting a loan, including a construction loan, and fully funding the loan at closing.

## Claims

### Claim 1

A method comprising:
entering into by a lender a loan agreement with a borrower, wherein the lender loans a loan amount to the borrower; and
fully funding by the lender the loan at closing, including:
electronically transferring a first portion of the loan amount to at least a first account of the borrower; and
electronically transferring a second portion of the loan amount to at least a second account of the borrower,
wherein the first portion and the second portion to the loan amount,
wherein the first portion is immediately accessible to the borrower for use by the borrower, and
wherein the second portion is accessible to the borrower upon authorization from the lender.

### Claim 2 (depends on 1)

The method of claim 1, further comprising securitizing the entire loan amount following closing.

### Claim 3 (depends on 1)

The method of claim 1, further comprising:
receiving by a computing system of the lender, at at least one time after closing, a request for authorization to release at least a portion of the second amount to the borrower; and
based at least in part on the request, communicating by the computing system an authorization to release to the borrower at least a portion of the second amount, wherein the authorization results in an electronic transfer of the at least portion from the at least second account to another account of the borrower.

### Claim 4 (depends on 1)

The method of claim 1, wherein the loan amount is secured, at least in part, by a security interest in real property.

### Claim 5 (depends on 4)

The method of claim 4, wherein the loan is further secured by an account pledge to the second account.

### Claim 6 (depends on 1)

The method of claim 1, further comprising receiving by the lender:
at least one interest payment associated with the first amount, and
at least one interest payment associated with the first amount.

### Claim 7 (depends on 6)

The method of claim 6, where an interest rate associated with the first amount is higher than an interest rate associated with the second amount.

### Claim 8 (depends on 6)

The method of claim 6, further comprising selling a payment stream associated with at least one of:
the at least one interest payment associated with the first amount, and
the at least one interest payment associated with the first amount.

### Claim 9 (depends on 8)

The method of claim 8, further comprising securitizing the entire loan amount following closing.

### Claim 10 (depends on 1)

The method of claim 1:
wherein the loan agreement is for development of real property;
wherein the borrower comprises at least a first and a second entity, wherein the first entity owns the real property and the second entity owns the first entity;
wherein the first portion is disbursed to the first entity; and
wherein the second portion is disbursed to the second entity.

### Claim 11 (depends on 10)

The method of claim 10, wherein the loan amount is secured, at least in part, by a security interest in the real property and by an account pledge to the second account.

### Claim 12 (depends on 10)

The method of claim 10, further comprising receiving by the lender:
at least one interest payment associated with the first amount, and
at least one interest payment associated with the first amount.

### Claim 13 (depends on 12)

The method of claim 12, where an interest rate associated with the first amount is higher than an interest rate associated with the second amount.

### Claim 14 (depends on 1)

The method of claim 1, further comprising:
receiving by a computing system of the lender, at at least one time after closing, a request for authorization to release at least a portion of the second amount; and
based at least in part on the request, communicating by the computing system an authorization to release at least a portion of the second amount, wherein the authorization results in an electronic transfer of the at least portion from the at least second account to another account of the first or second entity.