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Built Technologies Deepens Banking Industry Expertise, Adds Two Directors from Prominent Financial Institutions

Posted by Built Team on Jan 31, 2019 8:00:00 AM

Banking executives from Wells Fargo, Umpqua Bank bolster lending experience for fast-growing FinTech company

Built Technologies, a leading FinTech company focused on bringing construction lending into the digital age, today announced the addition of two seasoned banking industry executives with Billy Olson joining as director of builder financial solutions and Natalie Myrick as director of mortgage solutions. Olson and Myrick bring decades of experience on the lending side with prominent banks, Wells Fargo and Umpqua Bank respectively.

“Billy and Natalie are critical additions to our team at Built as they deepen our banking expertise and help us better understand the lender’s perspective,” said Chase Gilbert, CEO and co-founder of Built Technologies. “The Built platform has served over $19 billion of construction loan volume with financial institutions—large and small—across the U.S. Billy and Natalie understand the challenges lenders face because they’ve lived it first-hand. Now with Built, they will help our clients maximize our platform and ultimately improve the construction lending process for lenders, builders, borrowers, and everyone involved.”

Olson, who joins Built as director of builder financial solutions after nearly two decades at Wells Fargo, will aid in the development of borrowing base product functionalities and serve as the voice of the firm when speaking with potential clients. Most recently, he served as vice president of loan administration for a dedicated homebuilder lending group within Wells Fargo managing 40 thousand homes under construction annually. Previously, Olson held positions within Wells Fargo’s specialized real estate group dealing with residential and commercial construction. He holds a bachelor’s degree from Northwood University.

As director of mortgage solutions, Myrick will lend her expertise in developing streamlined processes and procedures that ensure Built’s CTP clients are successfully implemented and getting the most out of the platform. She brings nearly a decade of experience on the lender side with a leading West Coast financial institution, Umpqua Bank. She most recently served as vice president of construction servicing for Umpqua where she managed the bank’s lending process and systems. Before that, she held a series of positions in investor reporting and loss mitigation at Umpqua. Myrick holds both an MBA and bachelor’s degree.

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Topics: Construction Lending

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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