has announced that its collaboration and draw management platform will be available through Ellie Mae’s Encompass
all-in-one mortgage management solution. The integration allows Encompass users to efficiently manage construction loans from pre-closing through post-closing via Built’s construction lending automation software.
Built’s collaboration platform enables lenders to connect with borrowers, builders, and draw inspectors, bringing transparency and efficiency to the entire draw process for everyone involved. The Built platform empowers lenders to manage these loans with less risk and greater operational efficiencies while also delivering their clients a best-in-class digital experience. The integration will be available to all Encompass customers in summer 2017 and Built has already begun reserving implementation slots.
“We are thrilled to partner with Ellie Mae and move this underserved area of the industry forward,” said Chase Gilbert, president and CEO of Built. “Our seamless integration with Encompass enables mutual clients to simplify the painful process of managing construction loans by taking them off spreadsheets and paper files, and bringing them online. We support what Ellie Mae continues to do for the industry and look forward to building a long-term relationship helping our mutual clients succeed.”