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What is the process for construction draws?
The process is as follows:
- Once you have completed a specific milestone of your construction draw schedule, you must submit (in writing) a draw request to firstname.lastname@example.org for review
- Upon approval, an inspector will visit the property to confirm the completion of construction
- After approval of the draw request, funds will be sent to the client’s account via ACH and should appear the next day
Your Construction Draw Guidelines document will have the above information and more for your reference throughout the construction phase of your project.