Nashville, TN – September 19, 2017 Built, a leading provider of construction lending software, announced that its collaboration and draw management platform is now available through Ellie Mae’s Encompass® all-in-one mortgage management solution. The live integration allows Encompass users to efficiently manage construction loans from preclosing through post-closing via Built’s construction lending automation software.
Using Built’s platform, lenders can collaborate with borrowers, builders, and draw inspectors, accelerating the draw process and reducing risk for everyone involved. The Built platform empowers lenders to manage construction and remodeling loans with more transparency and reduced administrative burden while also delivering their clients a best-in-class digital experience.
Ellie Mae® is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency.
“This integration makes it much easier for lenders to streamline construction loan administration,” said Chase Gilbert, President of Built. “Automatic draw management and online collaboration eliminates the need for delays, spreadsheets and paper files. We look forward to building a long-term relationship with Ellie Mae and helping our mutual clients succeed.”
Built is the leading provider of secure, cloud-based construction lending software. Built's collaboration platform brings the draw management process online and helps reduce construction loan risk, increases loan profitability, transforms the borrower experience, and simplifies compliance. Built serves all lenders coast-to-coast. To find out more visit www.getbuilt.com, join Built Technologies on LinkedIn or follow Built on Twitter at @BuiltTechnology.
Ellie Mae® and Encompass® are registered trademarks of Ellie Mae, Inc.