Honored for the second consecutive year with HousingWire’s HW Tech100.
Nashville, TN, -- April 3, 2018 -- Built Technologies was named one of the most innovative technology companies in housing, appearing on the HW Tech100 for the second year in a row. The 2018 HW Tech100 recognizes the leading technology and software companies in the mortgage finance space.The award is given by HousingWire, one of the most influential sources of news for the U.S. mortgage and housing markets. Built’s software replaces the spreadsheets, emails, phone calls, and paper files that were previously used to manage construction loans. The software automates manual tasks, provides transparency and connects all key stakeholders, including lenders, borrowers, builders and draw inspectors. Since January 2017, the company has more than tripled its client base and more than doubled in size. In the 30 months since going live, lenders have used the Built platform to manage over $9 billion of construction loan volume.
“The number of fintech companies serving the mortgage industry has exploded over the last several years — making the choice of just 100 companies this year very difficult,” said HousingWire Magazine Editor Sarah Wheeler. “Companies in the 2018 Tech100 represent the leading edge of solutions and services that will propel mortgage companies toward success."
“We’re excited to be named a HW Tech100 winner for the second year in a row,” said Chase Gilbert, CEO of Built Technologies. “It’s a huge honor to be included on this year’s list amongst the top technology companies transforming the construction industry.”
Built is the leading provider of secure, cloud-based construction lending software. Built’s collaborative software streamlines the collateral monitoring and draw process associated with servicing construction loans. By bringing the draw management process online, Built helps lenders reduce construction loan risk, increase loan profitability, transform the borrower experience, simplify compliance, and provide unprecedented portfolio insights. Built currently serves small, regional, and national lenders coast-to-coast. To find out more, visit: www.getbuilt.com, join Built Technologies on LinkedIn or follow @BuiltTechnology on Twitter.