Our team performs a comprehensive document and cost review to support sound project underwriting and execution. This includes a detailed review of the construction contract, hard cost budget and schedule of values, construction plans and specifications, surveys, and the overall construction schedule. The goal is to identify risks, verify consistency across documents, confirm cost and schedule alignment, and ensure the project is well-defined and financially feasible prior to construction.

Contractor evaluation is the process of assessing a general contractor’s qualifications, experience, and capacity to successfully deliver a project. This review typically considers project history, financial strength, staffing and subcontractor depth, safety record, schedule performance, and familiarity with the project type. The objective is to confirm the contractor is capable, properly resourced, and well-positioned to execute the work in accordance with the contract, budget, and schedule.

Site reviews are performed to verify that construction progress aligns with approved plans and schedules. These on-site inspections provide lenders with independent confirmation that work completed to date is consistent with reported progress and supports requested funding.

Construction monitoring involves performing site reviews and ongoing evaluations of construction progress, pay applications, and budget status to confirm the project is proceeding in accordance with approved plans and schedules. Lien waivers are collected from the general contractor to verify that subcontractors and suppliers have been paid, helping protect the lender from lien exposure and providing the confidence needed to fund the project.

The company provides construction loan monitoring services to track project progress against approved budgets and draw schedules. This ensures funds are disbursed appropriately and aligned with verified construction milestones.

A Completion Assistance Plan provides enhanced oversight to help ensure a project reaches completion as planned. The CAP typically includes contractor evaluation, regular site reviews to verify progress, and controlled fund disbursement to the general contractor, subcontractors, and vendors. This approach serves as a lower‑cost alternative to a payment and performance bond and allows for a faster, more flexible response in the event a project encounters difficulty or delays, helping protect the lender’s position and support timely completion.