REHAB DRAW REQUEST FORMS

Fill out the attached form and fax it back to (972) 759-9795 along with the following REQUIRED items.

  1. Executed Lien Release from Vendor
  2. Copies of all PAID receipts
  3. Copies of any UNPAID invoices

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the Rehab Draw Request Form

Draw Submission Schedule:

In an attempt to ensure your draw requests are being processed and paid in a timely matter, we have implemented a new weekly draw schedule.*  Please adhere to these request dates effective immediately.

  • DALLAS / MIDLAND & ODESSA

    Submit your draw request before 5PM CST on MONDAY for property to be inspected by END OF DAY WEDNESDAY

  • FORT WORTH / TARRANT COUNTY

    Submit your draw request before 5PM CST on TUESDAY for property to be inspected by END OF DAY THURSDAY

  • HOUSTON

    Submit Draw Request before 5PM CST on TUESDAY for property to be inspected by END OF DAY THURSDAY

  • AUSTIN / SAN ANTONIO

    Submit Draw Request before 5PM CST on WEDNESDAY for property to be inspected by END OF DAY FRIDAY

Time frames:

  • 1-2 Business Days* from the date we receive the COMPLETE Draw Request for Inspection (see required items above)
  • 2 Business Days* from date report from inspector is received by Lender to receive funds via WIRE
  • 3 Business Days* from date report from inspector is received by Lender to receive funds via DIRECT DEPOSIT (ACH)  ACH takes up to 10 business days to set-up between both of our banks
  • The $100.00 Draw Inspection Fee will be deducted from the "approved" draw amount
    * Any requests/reports received after 5:00 PM will be logged in on the next business day and scheduled for the following week.

pdf_logo

Click Above to Download
the Lien Release Form

NOTE: Once the Loan has closed you CANNOT deviate from the "Approved" Scope of Work! If you do, you will be solely responsible for any increase in costs over and above the original approved items and their associated costs. We do not advance funds for any reason.