Built, a provider of construction lending automation software, announced its integration with Ellie Mae’s Encompass all-in-one mortgage management solution.
The integration will allow encompass users to manage construction loans from pre-closing through post-closing.
The platform will enable lenders to connect with borrowers, builders and draw inspectors. Built’s platform will enable lenders to manage their loans digitally with less risk and greater efficiency.
“We are thrilled to partner with Ellie Mae and move this underserved area of the industry forward,” Built President and CEO Chase Gilbert said. “Our seamless integration with Encompass enables mutual clients to simplify the painful process of managing construction loans by taking them off spreadsheets and paper files, and bringing them online.”
“We support what Ellie Mae continues to do for the industry and look forward to building a long-term relationship helping our mutual clients succeed,” Gilbert said.
The integration will be available to Encompass users beginning this summer, and the company already began reserving implementation slots.
The Encompass platform is Ellie Mae’s all-in-one mortgage management solution which enables banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency.