U.S. Bank adds Built to manage construction loan activity

U.S. Bank adds Built to manage construction loan activity

Construction Industry News 4 min read

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The artificial intelligence-based technology automates manual processes associated with the financing, including draws, for homes under construction.

Mortgage technology U.S. Bank adds Built to manage construction loan activity By Brad Finkelstein CloseText About Brad twitter nmnbrad mailto bradley.finkelstein@arizent.com linkedin brad-finkelstein-8b2b9a5/ Published April 01, 2026, 1:41 p.m. EDT 2 Min Read Facebook Twitter LinkedIn Email U.S. Bank has turned to Built Technologies, which provides technology for real estate and construction finance, to help manage its portion of this process.Processing ContentThe bank says it will be able to fund projects faster as well as give clients real-time visibility into each step in the construction process and the related financing. "Our investor and developer clients in the homebuilding sector expect a streamlined, transparent lending experience," said Suzanne Rathbun, lending services group manager at U.S. Bank. "With one connected platform, we're delivering faster access to funds and real-time visibility into every draw, so they can keep projects on track."Last November, Built unveiled Draw Agent, agentic artificial intelligence technology designed to manage this process.For customers, once U.S. Bank activates the transaction in Built, they will be notified they have the option to sign in to the system. It gives the borrower a single location to manage draws, inspections and communications between the parties.The platform takes manual work required with construction loans out of the process. Built said the benefits of its technology include:Accelerated funding: Improve draw ti...

Originally published on January 04, 2026. Curated by Construction News.

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