Draw Request

App - Draw Request

Borrower Information

First and Last Name
First and Last Name
First
Last

Property Information

Disbursement Information

Payment Type
Delivery Method

Draw Information

1st Draw Request Up to $50,000

  • Trash Out
  • Initial Order any windows needed
  • Order: 
    • Electrical/Plumbing Parts
    • Cabinets
    • Doors/Millwork
    • Painting
    • Etc

1st Draw Request $50,000 - $100,000

  • Trash Out
  • Initial as-builts and permits (if any)
  • Order/install insulation
  • Framing
  • Siding
  • Windows
  • Electrical/plumbing install   

2nd Draw Request Up to $50,000

  • Paid upon completion of 66% of the project 1st draw paid off
  • All interior painting including doors/millwork and trim is complete
  • All plumbing/electrical trim and fixtures are installed
  • All remaining flooring is installed
  • Appliances are installed
  • Landscaping
  • Touch-ups and cleaning are complete

 

2nd Draw Request $50,000 - $100,000

  • Paid upon completion of 50% of the project - 1st draw paid off
  • Framing
  • Rough electrical/plumbing is installed with permits approved
  • Insulation complete
  • Most or all drywall installed
  • Exterior painting complete
  • Tile work is or is nearly complete (e.g.: bath/shower surrounds, backsplashes, flooring)
  • Cabinets, countertops, doors/millwork, electrical/plumbing finish trim has been ordered
  • 1st Draw Request Up to $50,000
3rd Draw Request Up to $50,000

  • Paid upon completion of 100% of the project - 1st and 2nd draws paid off
  • All interior painting including doors/millwork and trim is complete
  • All plumbing/electrical trim and fixtures are installed
  • All remaining flooring is installed
  • Appliances are installed
  • Landscaping
  • Touch-ups and cleaning are complete

 

3rd Draw Request $50,000 - $100,000

  • Paid upon completion of 75% of the project – 1st and 2nd draws paid off
  • Drywall, including mud/tape and texture is complete
  • most interior painting complete
  • Cabinets, doors and millwork have been installed and painted
  • All hard surfaces, including countertops, flooring, and tiling are or nearly complete
  • Bathrooms are all substantially complete: shower/bath surrounds/mirrors, etc. have been installed
  • Appliances have been ordered

4th Draw Request $50,000 - $100,000

  • Paid upon completion of 100% of the project – 1st-3rd draws paid off
  • All remaining plumbing/electrical trim and fixtures are installed
  • All remaining hard surfaces complete
  • All flooring including carpeting is installed
  • Appliances are installed
  • Paint touch-ups
  • Landscaping and cleaning are complete

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