The present invention is directed to a real estate construction loan management system and method for managing various aspects of construction loan portfolios. The construction loan management system includes a computer, accessible over a wired or wireless communication network by one or more electronic devices, and hosting executable construction loan management software that provides user-specific interfaces including a loan administrator interface, a bank administrator interface, a borrower interface, and an inspector interface, where each interface is navigated by authenticated users, to create and manage construction loans. The inspector interface is accessible by field inspectors to remotely manage scheduled inspections, and related inspection reports. The inspection reports are uploaded onto the construction loan management system, and verified according to geotag information.