On this week’s The Big Picture, Chase Gilbert, co-founder and CEO of Built, returns to the show to break down the evolving world of construction lending and explain why it remains one of the most complex (and overlooked) corners of mortgage finance. As the leader of a platform that has processed trillions in construction data, Chase offers a front-line view into how lenders, builders, and developers are navigating today’s housing challenges.

We dig into the structural issues driving affordability challenges, from rising construction costs to supply constraints, and why simply building more homes isn’t enough without addressing where and how they’re built. The conversation also explores how technology, especially AI and data-driven platforms, is transforming everything from draw management to cost estimation, helping lenders operate more efficiently while improving the borrower experience. It’s a sharp, insight-rich discussion on construction, innovation, and what it will actually take to move housing forward.