Draw Process

Understanding Draw Management

By |2023-07-24T15:31:49-05:00July 24th, 2023|Operations|0 Comments

Lenders must help borrowers understand the intricacies of draw management for their rehab projects, including how draws are tied to budgets, timelines, inspections, and other common issues. Draw management is a significant factor in whether a rehab project is successful. The process of draw management starts before the loan is closed, when a repair list [...]

By |2023-07-24T15:31:49-05:00July 24th, 2023|Operations|0 Comments

Part 2 of a 6-part series: Cover Your Asset

By |2020-04-03T17:47:23-05:00March 18th, 2019|Servicing|0 Comments

Other Articles in this Series: Part 1 of a 6-part series: The Very Last Nail Part 2 of a 6-part series: Cover Your Asset Part 3 of a 6-part series: The Foreclosure Process Part 4 of a 6-part series: Strategies for Loss Mitigation and REO Disposition Part 5 of a 6-part series: Turning Property [...]

By |2020-04-03T17:47:23-05:00March 18th, 2019|Servicing|0 Comments

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