Powering Smarter Construction Finance

Homebuilders are Right: The Construction Game is Looking Good

Posted by Andrew Sohr on Mar 22, 2018 9:00:00 AM

As we head into 2018, the Built team is more excited than ever to be in the construction industry. When we started Built three years ago, we could not have predicted the way the real estate and construction markets would continue to expand across nearly every market in the country.

Read More

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.

Read More

The HGTV Effect and Construction Lending

Posted by Built Team on Feb 27, 2018 10:00:00 AM

The surge in popularity of reality renovation shows has inspired many homeowners to look at their houses in a new way -- namely as a project they can beautify themselves. Home buyers are looking for houses that look like they do on TV, with modern layouts and updated features. Combine that with record-low home inventory, and the result is more people choosing to update their current homes instead of looking for something new.

Read More

State of the Nation’s Housing and Construction Industries 2018 [Infographics]

Posted by Built Team on Feb 20, 2018 9:00:00 AM

As we closed out 2017, Realtor.com and Oldcastle Business Intelligence released detailed reports on the state of the nation’s housing and construction industries accompanied by their projections for the year ahead. We compiled a list of the top trends and predictions from each report and put the key data points into two infographics for housing and construction.

Read More

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.

Read More

Mortgage Cadence Interview: How Technology Improves Construction Loan Efficiency and Borrower Experience

Posted by Built Team on Feb 12, 2018 8:06:00 AM

Built co-founder and president Chase Gilbert was recently interviewed for the Lendtech Briefing series put on by Mortgage Cadence. The interview covered a variety of topics, including:

Read More

Spotting Trends in the Construction World

Posted by Andrew Sohr on Jan 16, 2018 7:58:00 AM

One of the most important aspects of my job is keeping up with trends in the industries we’re involved in -- not only lending, but construction, software and technology, as well. And the end of the year brings us a great time to look at what’s coming next, to see what trends we should expect in the coming months.

Read More

Why Giving up Excel is Such a Struggle

Posted by Andrew Sohr on Dec 27, 2017 7:56:00 AM

Here at Built, we’re passionate about the work we’re doing. Just watch Chase Gilbert talk about the pains our construction lenders feel on a day-to-day basis and you’ll see how much he cares. And at times we can get a bit extreme. We’ve been known to throw the phrase “Death to spreadsheets” around the office.

Read More

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.

Read More

Software Implementation: Commitment to Change is Key

Posted by Built Team on Dec 14, 2017 8:21:00 AM

Your company has brand new software ready for implementation, but surprise, surprise your team has met the change with resistance. Creatures of habit, your human employees cannot help but resist change and all of the hard work that goes with it. When it comes to implementing change successfully, commitment is key. Include the following elements in your implementation strategy to get employees as excited about the new software as you are.

Read More
Built, Logomark (Full-Color, Navy, web)_200px
Changing the way the world gets built.

Recent Posts