Close in five days. Know in twenty minutes.
Bridge, construction and transition lending runs on the borrower’s story and a clock. Check the story against the county before you wire, inside the window your speed depends on.
The job, as you would describe it.
The deal came in Thursday and the broker wants a term sheet Monday. The borrower’s track record is four LLCs you have never heard of, and the payoff letter is a screenshot. Your edge is that you close weeks before a bank — the reason anyone pays your coupon. You cannot spend those weeks in county indexes. You also cannot wire against a story nobody checked.
The same job, with the record on your side.
Four steps: find, vet, watch, prove — weighted the way this role actually runs.
- 01
Vet: the sponsor, in twenty minutes
Every entity the borrower has used, every recorded deed, mortgage and outcome behind each one. The four unfamiliar LLCs come back to one operator with a checkable history. Before the term sheet, not after the default.
- 02
Prove: the package against the record
Run the deal’s claims through a truth check: square footage, sale price, who the owner and lender are. Supported and contradicted verdicts show the document behind them; what the record can’t answer says so plainly — and every check is saved as it ran.
- 03
Watch: the book after the wire
Every borrower entity and every piece of collateral, watched. A new lien, a quiet transfer, a foreclosure filing on their other project — it reaches you the day the county publishes it.
- 04
Find: the next borrower
Recorded debt walking toward maturity in your market is a refinance conversation waiting to happen. Screen it, save it, and it keeps feeding.
What you open Mimir to do.
These are your workspace’s jobs, in the terminal’s own words. Pick this role at sign-in and this is the screen you land on.
- 01Verify a sponsorTheir claimed record against the county’s
- 02Pull a dossierOne document-backed file for the credit committee
- 03Watch your bookNew activity on borrowers and collateral you track
- 04Find distressed collateralOpen liens, foreclosures and tax sales, each with the filing attached
- 05Review maturitiesWhat is coming due in your recorded mortgages
- 06Check exposureConcentration by borrower and market
The features you will live in.
The four screens above, in the order a term sheet gets checked. Each one opens the screen it names.
- Searchone search box
- Ask Mimiranswered from the record, or not at all
- Deal Truth Checkcheck a deal’s story against the record
- Mapsee a market on the ground
- Compswhat traded nearby
- Assemblageadjacent lots and who holds them
- Concentrationwho holds what, where
- Maturityloans coming due
- Lenderswho is actually lending
- Sponsor profilewhat they own and what they owe
- Relationshipshow parties connect
- Dossiersthe committee-ready file
- Watchlisttrack what matters
- Pipelinedeals in flight
- Listsbuild and keep a shortlist
- Exportstake it with you
- Investigatefollow the chain by hand
- Enrichmatch your own list
- Compareput buildings side by side
- Worksheetwork the numbers
- Feedwhat just recorded
- Coveragewhat we hold, where
Straight answers.
We close in days, not weeks. Is this fast enough?
It is built for exactly that clock. The sponsor workup that takes a processor three days runs in about twenty minutes. A truth check on the package runs while the call is still going. Speed is your product. This is what keeps it from costing you blind spots.
Do you tell us whether to lend?
No, deliberately. Mimir prepares the decision: the borrower identified across every entity, the recorded debt, the checked claims. The credit judgment stays yours, in your system, against your credit box. We are not a party to the decision and do not want to be.
What does a truth check actually check?
The claims the package made: square footage, sale price, who the owner or lender is. Each one checked against the recorded documents. Supported and contradicted verdicts show the document behind them. A claim the record cannot answer says so plainly, instead of guessing. Computed values are labeled computed, never dressed up as recorded facts.
See your market.
Twenty minutes on the live terminal.