Built Launches Draw Agent to Approve Construction Loan Draws in Minutes

NASHVILLE, Tenn.--(BUSINESS WIRE)--Built today announced its first agentic AI offering, Draw Agent, transforming one of the construction industry’s biggest capital chokepoints: construction loan draws. Lenders are now using Draw Agent to process thousands of draws monthly—unlocking faster payments, better risk management, and meaningful efficiency gains. This is the first in a series of specialized agents Built will release over the coming year.

​​Draw Agent represents a new operating model for construction lending—moving from manual review to intelligent execution.

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​​Draw Agent represents a new operating model for construction lending—moving from manual review to intelligent execution.

“AI promises have long outpaced outcomes for the more complex aspects of real estate finance,” said Chase Gilbert, cofounder and CEO of Built. “With Draw Agent, we’ve given lenders the ability to move beyond simple task automation or document parsing to true workflow intelligence when managing construction loans —where policies are enforced consistently, risks are surfaced proactively, and funds move faster so projects stay on track.”

Draw Agent demonstrated results

• Up to 95% time on task improvement— reviews completed in as few as three minutes
• Up to 60% acceleration in draw turn time from borrower request to funding
• 400% increase in risks detected vs. human-led reviews
• 100% adherence to each lender’s policies and procedures with documented audit trail

Why it matters: Lenders can now originate and service more construction loans per FTE at a lower cost—with better controls—making construction loans more profitable and unlocking faster capital velocity to borrowers and their downstream trade partners.

Early adopter perspectives

“Draw Agent has fundamentally changed the rhythm of construction lending for us. What once took hours of manual review now happens in minutes with greater consistency, transparency, and control. It is not just faster; it is smarter, freeing our teams to focus on higher value decisions while the agent enforces every policy with precision.” — Randy Stewart, Executive Vice President, Enterprise Mortgage Lending, Zions Bancorporation, N.A.

“The Draw Agent brings real-time transparency and smarter diligence to a very manual process. We see vast improvements in procedure compliance and transaction speeds with a complete audit trail of all actions taken by the agent.” — Jim Fraser, Chief Servicing Officer, Anchor Loans

“Built’s Draw Agent has given us control and confidence at a scale we’ve never had before. We’re moving funds faster, but with greater oversight—and it’s helped our teams trust the process because every decision is backed by data and built-in compliance.” — Jennifer Robin, Chief Information and Strategic Initiatives Officer, AgSouth Farm Credit

AI designed to build trust

Built’s Draw Agent is powered by the MightyBot Agentic AI Platform, purpose-built to handle the policies, complexities, and heightened expectations of financial institutions. Designed with precision, transparency, and adaptability in mind, the platform gives lenders the flexibility to select their ideal level of automation:

• Audit Mode — Reviews and recommends actions for human approval
• Assist Mode — Handles routine steps while allowing staff to make final decisions
• Automate Mode — Executes fully when policies are met, automatically flagging exceptions

Every decision the Draw Agent makes is informed by the complete context of the project — including the loan agreement, construction plans and budget, inspection photos and reports, historical draw data, insurance certifications, and other source documents, as well as each institution's unique policies and procedures. Each funding action is then documented in a compliance file, ensuring end-to-end transparency and auditability without slowing teams down.

The AI advantage for real estate and construction finance

The launch of Draw Agent marks a pivotal step in applying purpose-built software, proprietary data, and advanced AI to the complex, interconnected world of real estate finance. Across the ecosystem—for lenders, investors, developers, owners, and general contractors alike—critical financial workflows are still slowed by manual reviews, fragmented data, and disconnected systems.

With Draw Agent, Built has demonstrated that end-to-end autonomy with rigorous controls isn’t just possible—it’s here, live in production, and already delivering measurable results. And this is just the beginning. Over the coming year, Built will introduce additional AI agents designed to tackle some of the most important and complex workflows across real estate and construction finance.

To learn more about Draw Agent visit: https://getbuilt.com/ai/draw-agent/.

About Built

Built is an AI-powered financial operations platform for the real estate and construction industries. By connecting capital providers, owners & developers, and builders, Built automates workflows, accelerates the flow of money and information, and unlocks insights for smarter decisions. Hundreds of top financial institutions and thousands of owners and builders trust Built to manage hundreds of billions in real estate and construction activity—so you spend less time on process and more time on progress. Learn more at getbuilt.com.

About MightyBot

MightyBot is the Agentic AI platform for mission-critical finance. The platform delivers scalable agent systems that automate complex enterprise workflows safely and transparently, with human review in the loop of agent execution. MightyBot combines policy-driven execution with built-in auditability and explainability. Financial institutions use MightyBot to move faster, strengthen compliance, and scale operations with confidence. Learn more at mightybot.ai.

*Results reflect internal analyses of early-adopter programs; actual outcomes will vary by lender profile, portfolio, and configuration. Methodology available on request.