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Loan Draw Inspections: Construction Inspection Specialists has seen the need for a more professional approach to the loan draw inspection process, one that offers the highest standard of excellence and assures our lending clients the most comprehensive service available. Recognizing the importance of our role in the risk management process, we prefer that all of our field inspectors be licensed contractors, building inspectors or construction inspectors, which assures our clients a level of professionalism that is unparalleled in the lending inspection industry.
The CIS team consists of professionals who fully understand the nuances and subtleties of the industry, an expertise that provides a high level of confidence for our clients. CIS compiles detailed progress reports and includes helpful in depth photographs to document a site’s progress. These comprehensive reports typically contain a review of the payment application, our opinion as to the levels of completion of those items, other construction trade activities occurring on site, additionally completed items of work, and when and if necessary, the overall quality of work.
The extensive safety experience our review staff has allows them to spot on site safety risks which may have been overlooked by the contractor and could expose the borrower to potential litigation due to an attractive nuisance, hazardous condition or an unsafe practice being used onsite. This detailed look has been very well received by all of our lending clients and acts as an added value provided by the lender to the borrower.
Contact us today to discuss how we might assist you with your loan draw inspection needs.
