Built Launches Draw Agent to Approve Construction Loan Draws in Minutes
Construction lending stalls when draw reviews drag. Built introduced Draw Agent, an agentic AI that reviews construction loan draws in minutes, trims time on task by up to 95%, and keeps policy enforcement consistent. Lenders are already running thousands of draws per month through it. This is the first in a planned series of specialized agents from Built.
Why it matters for lenders and builders
Faster disbursements keep projects moving, subs paid, and friction low. Lenders can handle more loans per FTE at a lower cost while tightening controls and audit readiness. That means better margins and fewer bottlenecks for everyone involved.
What Draw Agent actually does
Draw Agent shifts draw reviews from manual checklists to AI-driven workflow execution with clear guardrails. It enforces each lender's policies, flags exceptions, and routes only the edge cases for human judgment. Reviews go from days to minutes without sacrificing oversight.
Every decision is made with full project context: loan agreements, construction plans and budgets, inspection photos and reports, historical draw data, insurance certifications, and each institution's policies and procedures. Each funding action is logged in a compliance file, so teams get end-to-end transparency without slowing down.
Automation modes you control
- Audit Mode - Reviews and recommends actions for human approval
- Assist Mode - Handles routine steps; staff make final decisions
- Automate Mode - Executes fully when policies are met; flags exceptions automatically
Reported results from early adopters
- Up to 95% time-on-task improvement-reviews completed in as few as three minutes
- Up to 60% faster draw turn time from borrower request to funding
- 400% increase in risks detected vs. human-led reviews
- 100% adherence to lender policies and procedures with a documented audit trail
* Results reflect internal analyses of early-adopter programs; actual outcomes vary by lender profile, portfolio, and configuration. Methodology available on request.
What lenders are saying
"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
Built on MightyBot
Draw Agent runs on the MightyBot Agentic AI Platform-built for financial institutions that need precision, transparency, and adaptability. It blends policy-driven execution with human review in the loop and full explainability, so teams can scale without losing control.
Where this is headed
Real estate and construction finance still suffer from manual reviews, fragmented data, and disconnected systems. Draw Agent shows that reliable, end-to-end automation with strong controls is live in production and already producing measurable wins. Built plans additional agents over the next year to tackle other complex workflows across lending and project finance.
How to evaluate fit for your portfolio
- Volume: Monthly draw count and cycle times
- Policy complexity: Exceptions, thresholds, and risk rules
- Compliance: Audit trail requirements and exam readiness
- SLA and borrower experience: Speed to fund and transparency for stakeholders
- Integration: LOS/servicing systems, inspections, and document sources
- Team bandwidth: What to automate now vs. keep in review
- Change management: Training, roles, and rollout plan
Get started
See product details and request a demo: Built Draw Agent. Learn more about the platform behind it: MightyBot.
If your team wants to sharpen AI skills for finance operations, explore curated tools here: AI tools for finance.
Helpful context
For background on examination expectations around construction lending and disbursement controls, review the OCC Comptroller's Handbook for Commercial Real Estate Lending: OCC CRE Lending Handbook.
Read the full announcement with multimedia here: Business Wire release.
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