Loan Servicing

All-In-One Construction Loans

• What happens if I need to make changes to the plans or scope of my project?
• What happens if I don't get my permits in the expected timeframe?
• Can I use my Interest Reserve for monthly interest payments on my Bridge to Build loan?

Loan Extensions and Modifications

• When is the extension fee due? Can I just roll it into the loan?
• How do I request an extension to my loan's maturity date?
• How will I be notified about my upcoming loan maturity date?
• Loan Extension Pricing
• Loan Extension or Modification?

Construction Draws

• Draw Funds Disbursement
• Draws without an inspection
• Types of Draws
• Traditional Draw
• Quick Draw
• Direct Pay Vendors

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Loan Costs and Payments

• When will my paid off loan be reconveyed?
• How does Additional Interest work?
• How do I get a payoff quote?
• What if my interest reserve is depleted before the loan is paid off?
• Will I be notified about the balance of my interest reserve?
• What if I am late on paying my interest?

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