How long does it take to get a construction draw funded?

The steps between request and wire.

A typical draw moves through the same sequence at most lenders:

1. Request. The borrower or builder submits a draw request against the budget, usually with invoices and lien waivers.
2. Document check. The lender or its construction loan administrator confirms the package is complete.
3. Inspection. The lender orders a site visit to document the work claimed.
4. Reconciliation. The reviewer compares the report's line-item percentages with the request and the remaining budget.
5. Title and liens. Many lenders run a title update or date-down and collect lien waivers before releasing funds.
6. Approval and disbursement. An authorized person at the lender approves the amount and the funds move.

Each step can be fast. The total depends on how many of them wait on someone.

What holds a draw up.

Incomplete packages are the most common cause: missing invoices, unsigned lien waivers, or a request that doesn't tie to the budget. After that come discrepancies the inspection finds, such as work billed ahead of progress or a change order that was never approved; see what happens if a draw inspection shows less work than requested. Internal approval limits, a budget that no longer balances, and title issues such as a new construction lien round out the list.

Why it matters for lenders.

Supervisors expect disbursements to track real progress. The NCUA's examiner guide tells credit unions to control disbursements so funds are applied to the project as agreed, and the OCC's Commercial Real Estate Lending booklet lists site inspection among the disbursement controls it expects. Speed matters to builders paying subcontractors, but the defensible way to fund faster is to remove waiting time between steps, not to skip one.

How RAZE handles it.

RAZE handles the inspection step, and the lender handles everything else. RAZE averages 1.1 days from request to submission on residential draw inspections nationwide, an average rather than a promise for any one order. Reports arrive in the lender's workflow with photos tied to the draw sheet line items they support, so the reconciliation step starts from organized evidence. RAZE does not fund draws or decide amounts; the lender reviews the report and makes the call. See the full workflow on the draw inspections page.