The #1 reason for a failed construction loan is a bad budget. We offer a comprehensive review of all construction documents to ensure that you are lending sufficient funds to complete the asset. A detailed cost analysis identifies front-loading, budget shortfalls and missing construction components confirming the project can be completed within budget. Before we make a Project Feasibility Recommendation, we’ll review the following documents in detail:
- Construction Contract
- Plans & Specifications
- Engineering Reports
- Construction Schedule
We offer both a full and limited review to support your needs based upon the project’s size and scope. Let us customize a review process for you to deliver an asset that is completed within budget and on-time.