Faster draws. Complete transparency.
Unparalleled risk mitigation.

Technology to administer every type of construction loan.

Matt Pritzel

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Recent Posts

Built Answers: Renovation Lending as the New Refi

Posted by Matt Pritzel on Oct 29, 2018 9:00:00 AM

The housing market environment is transitioning to a phase we haven’t seen in years. As home sale prices reach record highs and rates continue to rise, lenders are looking for new ways to create revenue outside of traditional refinancing.

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Topics: Construction Lending, Technology

Built Answers: How to Thrive in a Slowing Market

Posted by Matt Pritzel on Sep 27, 2018 9:00:00 AM

The housing market has hit a little lull. It was inevitable. July marked the 77th consecutive month of median home price growth (that’s more than 6 years), so we’ve known that prices would eventually hit a ceiling.

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Topics: Technology, Construction Lending

Built Answers: Integrating Construction Lending Software with Your Systems

Posted by Matt Pritzel on Jul 9, 2018 10:25:43 AM

As a technology company, we love to create software solutions to solve everyday problems. It’s in our DNA and arguably the reason many of us come to work every day. That means we’re always hard at work building features to make life easier for our clients and partners.

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Topics: Technology, Construction Lending

Built Answers: Proactive Portfolio Reporting and Data

Posted by Matt Pritzel on Apr 30, 2018 1:00:00 PM

Tell me if you’ve heard this story before: a chief lending officer or chief credit officer is asked to report on the overall health of their construction loan portfolio -- best producing team members or loans, under-performing elements, effectiveness of the draw process, or some other key performance metrics.

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Topics: Technology

Built Answers: Evaluating Your Current Loan Process

Posted by Matt Pritzel on Mar 15, 2018 9:00:00 AM

At Built, we take a consultative approach with our clients. We really get to know their business -- where they’re doing really well right now and where they have opportunity to improve. From that learning, we tailor our platform to their specific needs, and our implementation team stays in regular contact to make sure they’re getting positive results. You’ll never see us selling our software, then wishing our clients luck from afar.

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Built Answers: Working with Third-Party Draw Administrators and AMCs

Posted by Matt Pritzel on Feb 15, 2018 9:00:00 AM

Forward-thinking lenders know that construction lending is a vertical they can’t afford to ignore. New construction projects are going to grow nationwide in 2018 and likely beyond, and there is a lot of good money to be made for lenders that can get their construction portfolio right.

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Topics: Technology

Built Answers: Lending Policy and Portfolio Compliance

Posted by Matt Pritzel on Dec 14, 2017 4:24:00 PM

I’ve learned very quickly here at Built that the life of a Chief Risk Officer isn’t easy. Their world requires constant vigilance -- keeping up with all compliance matters while aiming to balance risk and reward for their institution. We could probably devote an entire series of Built Answers posts to just an hour of the concerns they face in a day.

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Topics: Construction Lending

Built Answers - Title and Lien Waiver Requirements

Posted by Matt Pritzel on Nov 14, 2017 9:32:00 AM

One of the most common themes in any conversation with a lender is that they’re in a unique situation. Their state has special requirements up and down the line (MO, IL, WI raise your hands). They have a customized process that’s been refined over the years.

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Topics: Construction Lending, Insider

Built Answers: Easing Construction Loan Pain

Posted by Matt Pritzel on Nov 3, 2017 9:52:37 AM

One thing that struck me initially as I began my time with Built is this: Everyone on our team, top to bottom, is devoted to helping to ease our clients’ pain. A lot of companies talk about helping their clients -- it’s in their mission statements or employee handbooks -- without actually walking the walk. But day in and day out, I see the people here working with that singular focus.

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Topics: Construction Lending, Technology

Built is the leading provider of construction and renovation lending software. Built’s software streamlines the collateral monitoring and draw process resulting in faster draws, complete transparency, and powerful analytics. Built is the only construction loan management software endorsed by the American Banking Association (ABA).

To find out more, visit: www.getbuilt.com, join Built on LinkedIn or follow Built on Twitter at @BuiltTechnology.

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