A draw request is the package you send your lender to release the next piece of your construction loan. Get the process the same every time and rejections mostly disappear.
Step by step
- Use the bank’s own draw request form — not a generic one
- List each line item and the amount you’re drawing against it
- Confirm every line is within its budgeted amount
- Collect a signed lien waiver for every sub being paid
- Attach receipts or invoices that match the amounts
- Hold back the required retainage percentage
- Schedule the inspection for the completed work
- Review the whole package, then submit
Stop chasing draw documents.
DrawReady shows you what’s missing before you submit.
Start your 30-day free trialDrawReady turns this checklist into a live score — build a complete, bank-ready draw in 30 seconds and see what’s missing before you send.
The mistakes that send it back
The three that stall draws most: a missing waiver for a paid sub, a line drawn over budget, and an inspection that hasn’t cleared. Fix those and you’re funded.
Frequently asked questions
Do I use my own form or the bank’s?
Always the bank’s template — a generic form is a common reason draws get sent back.
How much can I draw at once?
Only what the schedule allows for completed, documented work — never ahead of where the job actually is.
Ready to get your next draw bank-ready?
Your project shouldn’t stop because your draw isn’t ready. DrawReady checks it before it reaches your lender.