Case Study: loanDepot streamlines construction loan operations with Built Technologies

Loan Depot - Customer Case Study

loanDepot, a fast-growing national consumer lender, needed to expand its lending portfolio by adding a construction finance offering. Faced with the choice of building an internal platform or buying one, they decided to purchase a solution. They selected Built Technologies’ construction lending platform after its consultative approach stood out against an alternative option.

The implementation of Built's platform was extremely smooth, taking only 54 days. The Built team worked as a partner to create a customized workflow, automating administrative tasks and reducing the risk of human error. This provided loanDepot with valuable portfolio insights and a best-in-class digital experience for managing their 835 active construction loans.

Loan Depot

John Meadows

Director, Loan Administration