Rigor — Builder

In the Wallet tab, homebuilders can view outstanding loans and pay them back or mark them paid off-platform. When marking paid off-platform, they attach text/images/files as proof, which sends a request to the lender to approve.

Alternatively, homebuilders can close the loan via an escrow agent.

Rigor gives homebuilders complete visibility into all components of a construction project's financing and task-level details. With funding and tasks in one application, homebuilders can efficiently and smartly manage available capital over the project's life to optimize interest costs. Also, they have an opportunity to post their projects directly to a community of lenders and set their terms, including the amount of debt needed, the APY, and repayment timelines.