BUILT ANNOUNCES INTEGRATION WITH ELLIE MAE’S ENCOMPASS MORTGAGE MANAGEMENT SOLUTION
Partnership enables lenders to seamlessly manage construction and renovation loans through Built’s collaboration and draw management software
Built, a leading provider of construction lending automation software, announced that its collaboration and draw management platform will be available through Ellie Mae’s Encompass® all-in-one mortgage management solution. The seamless integration allows Encompass users to efficiently manage construction loans from pre-closing through post-closing via Built’s construction lending automation software.
Built’s collaboration platform enables lenders to connect with borrowers, builders, and draw inspectors, bringing transparency and efficiency to the entire draw process for everyone involved. The Built platform empowers lenders to manage these loans with less risk and greater operational efficiencies while also delivering their clients a best-in-class digital experience. The integration will be available to all Encompass customers in summer 2017 and Built has already begun reserving implementation slots.
Ellie Mae® is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s Encompass all-in-one mortgage management solution provides one system of record that enables banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency.
“We are thrilled to partner with Ellie Mae and move this underserved area of the industry forward,” said Chase Gilbert, President and CEO of Built. “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.”
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 small, regional and national 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.