Construction Draws, made bank-ready

A construction draw is a scheduled release of money from your construction loan as work is completed. Here’s what goes into one — and what gets it rejected.

Your work is done, but the bank sent the draw back. It’s almost never the work — it’s the paperwork. Here are the 7 reasons draws get rejected and how to stop it.

A clear, repeatable process for putting together a draw the bank approves without sending it back. Follow these steps every time.

The complete document checklist banks expect on a draw — miss one and the whole request waits. Here’s exactly what to have ready.

A construction draw releases a portion of your construction loan as work progresses. Here’s how the process works from completed work and documentation to inspection, lender review and funding.