A defensible baseline at closing
Scope, budget, and specs are documented in one standardized summary before funds move.
Construction Lending
Plan Review Summary for Construction Loans
Know what you are funding before the first draw. RAZE reviews the plans, specifications, and schedule of values and delivers a standardized summary your credit and draw teams can rely on.
Overview
Catch budget and scope problems before they become draw problems
Most unsupported draws trace back to a budget that never matched the plans. A plan review summary establishes the baseline: what is being built, what each line item covers, and where the scope, specs, and schedule of values disagree.
01
Review of the plans, specifications, and schedule of values submitted with the loan request.
02
A standardized summary of scope, line items, and flagged inconsistencies or missing items.
03
A baseline that carries into every draw inspection on the project, so percent complete is measured against the same scope.
Outcomes
Why lenders order a plan review summary
Fewer unsupported draws
Line items that never matched the plans get flagged up front instead of during the draw review.
One record from closing through completion
The summary lives in the RAZE portal with the project, alongside every draw inspection that follows.
Consistent across every reviewer
The same standardized format whether the review is completed by RAZE through the Marketplace or by your own team through Direct Request.
How it works
From order to delivered summary
01—Ordering Engine
Order and upload
Create the project in the Ordering Engine, upload the plans, specifications, and schedule of values, and order the plan review summary.
02—Inspector Portal
Review against the standard
A reviewer works through the plans and schedule of values using a standardized template, noting scope, line-item coverage, and inconsistencies.
03—Ordering Engine
Summary delivered
The standardized plan review summary is delivered to your RAZE portal and attached to the project as the baseline for the draws that follow.
Common questions
Common questions
Ready to start
Start every construction loan with a baseline
Order a plan review summary before the first draw.