FinTechMortgage

2019 HW Tech100 winner: Built Technologies

A digital user experience within construction lending

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Built Technologies empowers mortgage lenders with the solutions needed to promote efficiency, transparency and a digital user experience within construction lending.

Built’s platform revolutionizes the contruction lending space, and with new updates to its technology. It gives lenders a real-time picture of their entire portfolio F1while automating workflows around critical tasks to speed the flow of capital, freeing administrative teams to focus on growth. Built’s technology streamlines the construction lending process so decisions that previously would have previoulsy taken days or even weeks can now take just minutes. This means faster processing for lenders so that draws are processed faster and projects are completed sooner.

Most Popular Articles

Is the coronavirus about to wipe out FHA lending?

It looks like borrowers who don’t fit neatly into Fannie Mae and Freddie Mac’s lending criteria could soon be running out of options if they want to buy a house. Over the last week, many (if not all) of the biggest lenders specializing in lending to borrowers outside the QM lending box paused their activities due to uncertainty in the market. And now it appears that FHA lending as we know it is disappearing from the market too.

Mar 27, 2020 By

Latest Articles

Ginnie Mae prepares to offer relief in servicing liquidity nightmare

The challenge with mortgage forbearance is that someone has to pay the bill. In an effort to address the growing concerns and liquidity challenges faced by issuers, Ginnie Mae issued a statement on Friday on how it plans to help

Mar 29, 2020 By
3d rendering of a row of luxury townhouses along a street

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