Financing & deal management for multifamily housing investors

Manage your loan closing process and deal portfolio in one comprehensive and collaborative platform. Modern software tool built for the unique and complex workflows of multifamily financing, with built-in AI features.

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WORKFLOWS & COLLABORATION

Centralize communication & set a clear process blueprint for loan closings

Set clear workflows from the initial review of an application to loan closing. Guide your team at every step, and automate away the repetitive tasks. Focus on strategic thinking and pipeline development instead.

Unlock your team's potential & increase your deal flow!

• $36K savings per loan closed
• 25% increase in deal volume
• 40% less time underwriting

DIGITIZED APPLICATION FORMS

Make loan applications easier for everyone.

Set up your application intake forms using Builders Patch and get notified when a new application has been submitted. Review the application based on the submitted project information and the applicant profile and move it forward into underwriting.

DUE DILIGENCE CHECKLISTS

Underwrite your deals faster by better coordinating with borrowers.

Cut down on the back-and-forth of email threads & attachments. Share your due diligence checklist with your borrowers and collect all required items online in an interface tailor-made for the task. Get notified when new files are uploaded, leave comments, assign tasks.

With our easy-to-navigate online tool, collecting due diligence becomes a seamless experience where next steps are clear for everyone.

We understand that due diligence can be tedious...

Instead, our platform centralizes and automates most of the workflow so you no longer have to worry about requesting, organizing, and analyzing the information.

150+ different reports & files to collect per project.

300+ emails exchanged during due diligence.

1,000+ hours spent putting together a memo.

CREDIT MEMOS & REPORTS

Create your credit memos using AI . Distribute them for approval.

Set up credit memo templates for your organization & auto-populate them with deal data. Every time you change a value, the memo gets updated. Once finalized, share with your loan committee for sign-off.

STANDARDIZED DEAL DATA

Aggregate & analyze your deal data, make smarter decisions.

Aggregate all your portfolio data into one place. Refer to past deals, compare and analyze thousands of individual data points for smarter decision-making.

Clean up and standardize all your pro forma & asset management data without any manual data entry: bring your own Excel files to upload data.

Safety first

Bank-grade security, tested & certified

We take the safety & privacy of your data very seriously. Your data is only accessible to your organization: it is not being shared with your borrowers nor others outside of your company with whom you are collaborating on the platform. No other third parties either.

We conduct regular safety tests & take part in the recertification process to ensure our security infrastructure is up to date.

Fund more.

Increase your deal flow by speeding up your underwriting.

Underwriters are a precious resource. Free up their time by automating the repetitive tasks of due diligence collection and information collation. Enable them to evaluate more deals in less time.

150+ different reports and files to collect per deal.

300+ emails exchanged during due diligence collection.

1,000+ hours collating information and creating a memo.

Collect due diligence more efficiently.

The current system for due diligence collection is extremely time-consuming, fragmented, and only minimally digitized. Builders Patch effectively collates all of the information for you.

Set up your checklist and share with developers.

Our due diligence checklist covers 95% of what you need, but it’s easily customizable to get to that 100%. Once shared with the developer, track what information has been collected.

Assign tasks, communicate easily.

The collection process itself is largely automatic, requiring only minimal management, but in case you hit a roadblock, directly assign tasks or talk to the person involved.

TurboTax-style investor memo with one click.

All collected project information gets automatically organized into a printable Investor Memo.

• Basic project details
• Pro forma highlights
• Market comparisons
• Risks & mitigations
• Editable content

Compare, analyze & evaluate more deals

Easily navigate between the development budgets, rent roll analyses, and OPEX data of different deals at the same time. See the market comps arranged into a table based on your commissioned market study.

Asset management

Keep track of asset performance. Compare present-time values with the original projections.

Portfolio analytics

Apples to apples, oranges to oranges...compare deals across your entire portfolio using various filters and sorting methods. Instantly notice anomalies and make better decisions.

FAQ

Where in the deal cycle is Builders Patch most useful for lenders?

• Builders Patch enables lenders to process their application intake much faster, reducing the hard and repetitive grunt work of due diligence collection.

Do we have to build our own applications on the platform?

• No. As part of our onboarding process, we automate your applications and make a link available on your website.

How does Builders Patch help track due diligence documents?

• As the borrower uploads documents, your team will receive a notification and the checklist will be updated automatically.

Can Builders Patch help us keep track of our pipeline?

• Yes. Our platform provides you with a dashboard to see all the deals and their status from application to closing.

How long does it take to get up and running with Builders Patch?

• Within 2 weeks, applications and checklists can be built out. Within three months, closed deals can be brought onto the platform.

We have very specific due diligence requirements. Can you accommodate for our needs?

• You can request to create and add custom checklists for different loan types during the onboarding process.