Senior Integration Solutions Engineer

U.S. Bank enhances consumer mortgage experience for new homebuilding in partnership with Built. Rhea-AI Impact Rhea-AI Sentiment (Positive) partnership Key terms. construction loan financial draw requests financial 03/31/2026 - 10:00 AM Built streamlines construction lending for homebuilders, borrowers, and commercial clients MINNEAPOLIS-(BUSINESS WIRE)- U.S. Bank has partnered with Built, the leading AI-native platform for real estate and construction finance, to transform how its consumer mortgage borrowers manage the financing of building a new construction home. With Built now integrated into both consumer borrowing and commercial building experiences at U.S. Bank, projects can be funded faster and clients have real-time visibility into every stage of construction. By connecting the borrower, U.S. Bank and the builder in one platform - projects face fewer delays, payments and draws run more smoothly and everyone enjoys a better overall experience. "We are constantly looking for ways to improve the home lending experience for our customers," said John Hummel, Head of Retail Home Lending at U.S. Bank. "Every day counts for customers financing and building a new home and for smaller builders, alike, and Built allows us to process draws faster, keep everyone informed, and make what can be a stressful process, simpler and more predictable." For mortgage clients navigating the homebuilding process, once a construction loan is originated, U.S. Bank activates the project within Built, giving borrowers a centralized place to manage draws, inspections, and communication throughout construction. Once the project setup is complete, the client receives an email prompt with the option to use Built to manage their loan during the building process. Built's cloud-based platform provides a centralized location to efficiently manage all inspection and draw activity - creating transparency for everyone involved. For commercial real estate clients, Built takes construction administration online - connecting borrowers, builders, inspectors, and lenders to expedite funding and provide real-time visibility into project progress. Clients can also request draws and inspections directly through the Built platform, per the bank's discretion, and receive automated email notifications as events occur throughout the life of the loan. "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." A Connected Approach to Construction Finance By taking manual work out of the process, U.S. Bank can serve clients more efficiently and scale its real estate lending portfolio with confidence. Built's platform supports the full lifecycle of a construction loan - from budgeting and inspections to draw requests and disbursements - in a single, connected system. Key benefits include: - Accelerated funding: Improve draw times by up to 70%. - Borrower Experience: Platform with on-demand access to information and actions. - Real-time insight: Instant access to budgets, inspection reports, and project updates. - Automated workflows: Standardized processes and automations to reduce manual work. - Scalable capacity: Greater control to manage more projects while maintaining compliance. "U.S. Bank is aligning their construction lending teams and clients around a more connected operating model," said Scott Traina, General Manager of Built's Lender Business Unit. "When lenders, builders, and borrowers operate from the same system, capital moves more predictably and projects stay on track. This is what the future of construction finance looks like." About U.S. Bancorp Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. Our three major business lines serve 15 million clients throughout the U.S., Canada and Europe, and our team of nearly 70,000 people invest our hearts and minds to power human potential every day. Ranked 105th on the Fortune 500, we are deeply respected for our culture and long-term stewardship and admired for our diversified business mix and product capabilities. About Built Built is the leading AI-native platform for real estate and construction finance. We help lenders, developers, and contractors save time and money by replacing spreadsheets, email, and manual workflows with a single system for budgets, draws, inspections, and payments. With Built, capital moves faster, data stays clean, and risk stays in check. More than 625 banks, private credit lenders, owners, and general contractors rely on Built to manage over $350 billion in real estate and construction activity annually. Learn more at www.getbuilt.com Disclosures: Loans and lines of credit are offered by U.S. Bank National Association.

Built wins "compliance Management Solution of the Year" Designation. Prestigious Annual Awards Program Celebrates a Decade of Recognizing the World's Most Innovative Financial Technology Companies NASHVILLE, Tenn., March 19, 2026 - Built, the leading AI-native platform for real estate and construction finance, today announced that it has been selected as the winner of the "Compliance Management Solution of the Year" award in the 10th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today. Built helps capital providers and those building its communities fund and manage projects with total visibility and control. Built's agentic AI applies lender rules across budgets, inspection data, and documentation, allowing capital to move faster through construction lending workflows while enhancing lender control and compliance. Built brings compliance management, lien waivers, inspections, payments, and supporting documentation into a single workflow. By cross-referencing budgets, documentation, and inspection data, the platform helps lenders identify risks earlier, mitigate over-funding and fraud, and maintain a clear compliance record across the project lifecycle. "Construction & CRE lenders rely on hundreds of documents, inspections, and compliance checks to safely fund projects, yet much of that work still happens across fragmented systems, spreadsheets, and manual reviews," said Steve Johansson, Managing Director, FinTech Breakthrough. "Built brings transparency and control to the compliance workflows that sit at the center of construction lending, helping lenders, owners, and builders keep documentation aligned so capital can move safely through each stage of a project." The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a wide range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and more. The 2026 program represents a milestone year, reflecting a decade of spotlighting the companies driving measurable innovation across the global financial technology ecosystem. "Real estate assets require hundreds of documents, inspections, and approvals to stay aligned across lenders and their clients," said Chase Gilbert, co-founder and CEO of Built. "When those processes break down, money gets stuck and risk increases across the portfolio. Built was founded to solve that problem by bringing these workflows into a single platform so teams can manage compliance, reduce risk, and keep capital moving with far greater confidence. We're grateful to see that work recognized." About Built Built is the leading AI-native platform for real estate and construction finance. Built Technologies help lenders, developers, and contractors save time and money by replacing spreadsheets, email, and manual workflows with a single system for budgets, draws, inspections, and payments. With Built, capital moves faster, data stays clean, and risk stays in check. More than 625 banks, private credit lenders, owners, and general contractors rely on Built to manage over $350 billion in real estate and construction activity annually. Learn more at www.getbuilt.com. About FinTech Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring breakthrough innovation in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the standout achievements of FinTech companies and products in categories that include Payments, Personal Finance, Cryptocurrency, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com. Tech Breakthrough LLC does not endorse any vendor, product or service depicted in its recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

The shake-up follows the recent appointment of Jason Tuendemann as group chief technology officer in April, after chief technology and innovation officer Kurt Brissett left to join construction firm Built.