Give the lender a field record for each draw.
Independent construction progress monitoring for lenders, comparing draw requests, work in place, budget changes and outstanding documentation.
Construction loan monitoring
Transom reviews the borrower’s draw package against the agreed budget, prior payments and observations from the site. The lender receives a record of supported progress, open items and questions to resolve before its funding decision.
Agree on the lender’s requirements
Confirm the lender’s report format, inspection cadence, draw documentation and any assignment-specific qualifications before starting.
Reconcile the draw
Compare line items with observed progress, prior billing and changes. Identify material gaps, remaining budget questions and evidence to request.
Common questions
Who authorizes disbursement?
The lender makes the funding decision. Transom supplies observations and a documented review within the agreed scope.