Construction Loan Administration
https://getbuilt.com/features/construction-loan-administration/Construction Loan Administration by Built is a platform that helps financial institutions and construction professionals manage their entire construction loan portfolio efficiently. It automates and streamlines draw management, inspections, risk mitigation, and budget tracking, enabling faster funding, improved compliance, and better borrower experiences.
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Product Overview
Built's Construction Loan Administration is a software solution designed to streamline the management of construction loan portfolios. It increases operational efficiency, enables teams to service more loans without increasing headcount, and actively mitigates risk on every construction draw. The platform aggregates vital loan information, automates draw management, and ensures compliance, providing real-time insights and reducing reliance on spreadsheets.
Detailed Description
Construction Loan Administration by Built is a platform that helps financial institutions and construction professionals manage their entire construction loan portfolio efficiently. It automates and streamlines draw management, inspections, risk mitigation, and budget tracking, enabling faster funding, improved compliance, and better borrower experiences.
Key Features
- AI Draw Agent: Automates draw management, increases capacity, enforces policy compliance, and accelerates draw funding.
- Draw Inspections: Meets all project inspection requirements to expedite funding and maintain compliance.
- Draw & Budget Management: Provides a comprehensive view of loans, including finances, draw schedules, stakeholders, and details.
- Risk Mitigation: Proactively monitors projects to prevent issues before they arise.
- Portfolio Reporting: Delivers real-time portfolio insights and risk identification without spreadsheets.
- Centralized Loan Information: Aggregates all vital loan data in one place for better decision-making.
- Compliance Tracking: Ensures funding and inspections are completed within compliance requirements.
Key Benefits
- Doubles team capacity without increasing headcount.
- Increases operational efficiency and reduces administrative burden.
- Improves borrower experience through transparency and faster processes.
- Reduces risk across the construction loan portfolio.
- Enables faster draw funding and turnaround times.
- Delivers real-time insights for better decision-making.
Use Cases
- Managing construction loan portfolios for financial institutions.
- Automating draw and budget management for construction projects.
- Ensuring compliance and risk mitigation in construction lending.
- Expediting draw inspections and funding processes.
- Providing transparency and efficiency for borrowers and stakeholders.
Documentation
View DocumentationWho Is It For
- Banks
- Private Credit Providers
- Owners & Developers
- General Contractors
- Projects of all sizes: Consumer, Home Builder Finance, Commercial
Detailed Sections
Construction Loan Administration
Streamline management of your entire construction loan portfolio. Double your team’s capacity without increasing headcount. Increase operational efficiency while actively mitigating risk on every construction draw.
Key Features
- AI Draw Agent: Streamline draw management with automation that increases capacity, enforces policy compliance, and accelerates draw funding.
- Draw Inspections: Meet all project inspection requirements to expedite funding and maintain compliance.
- Draw & Budget Management: Access comprehensive view of loans, including finances, draw schedules, stakeholders, and details.
- Risk Mitigation: Proactively monitor projects to prevent issues before they arise.
Industries
For Projects of All Sizes: Consumer, Home Builder Finance, Commercial. Eliminate complex handoffs and processes in favor of transparency and efficiency for better borrower experiences with Built. Expedite the collateral add process and draw turnaround times, open new revenue streams, and remove administrative burden. Drive best practices internally with streamlined workflows to enable decreased risk and increased interest income.
- Consumer
- Home Builder Finance
- Commercial
Trust & Security
Built’s priority is your security and data privacy, ensuring utmost confidentiality, so you can focus on your business with peace of mind.
- Secure Platform: Dedicated team implementing best practices, monitoring, and improving security.
- SOC Compliance: SOC 1 and SOC 2 Type II compliance, annual audits.
- Robust Infrastructure: Highly secured US data centers.
- Comprehensive Security Program: Encryption, access management, vulnerability scanning, secure software development.


