Tag Archives: draw request

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PCR Reports: Your Shield Against Construction Loan Risks

This is how vital pre-construction reports are in the lending process. Today I’m excited to discuss pre-construction reviews, what they are, and their pivotal role in the construction lending process. La Mesa offers PCR reports tailored for construction lenders, serving as valuable tools during the underwriting process. These reports thoroughly analyze budgets, meticulously identifying any […]

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How Draw Requests and Inspections Work

 Why draw request inspections are so important to maintain your project’s integrity. Today we’re coming to you from a job site in southern San Diego, where a nine-unit apartment building is being constructed. Why are we out here? The contractor has made a draw request. Basically, this means he’s asking to be paid for certain […]