Draw Management
Learn more about construction loan draw requests and access your draw management portal. Click below to log in and get started.
What is a Draw Request?
A draw request is when a borrower accesses their approved construction loan funds in increments. These funds allow borrowers to regularly pay vendors, suppliers, contractors, and subcontractors.
Draw Request Process
On a rehab or new construction loan, Temple View will release the part of the loan dedicated to the renovation or construction project in stages. Each installment will be released to the borrower’s bank account after a particular draw stage and requirements are met. Generally, the period between the initial draw request and when a borrower receives funds is 3-4 business days.
After the borrower submits a draw request to Temple View, the review process begins. Temple View will review documents, order, and review inspections to verify the completion of the required construction work. It is customary to get a lien release from contractors (for each draw) who work on the project to mitigate the risk of future liens.
If you have questions about Temple View’s draw request process or Ground Up Construction loans, contact one of our Account Executives.
First Time User?
If you have been approved for a construction loan and need to create your login portal for Temple View's Draw Management Page, click on the button below.
Draw Management Portal Features
Due to the number of documents and reports needed for a draw request, paperwork can be difficult to manage and track when requesting a draw. To solve this problem, Temple View now offers an online draw management platform. You will be able to create your draw request, request third party access, and review your construction loan portfolio.
Create Draw Requests
Make edits to draw requests
Review current loans
Draw Management FAQs
Log in to the online Draw Management Portal and complete a Draw Request form with the specific items of work completed and the associated costs. Make sure your request aligns with your approved project scope and includes any required supporting documentation.
Most draws are processed within 1–4 business days. Complete and accurate requests, required documentation, and timely communication can help prevent delays.
Your approved Draw Schedule will be based on one of two types: Advance, where funds are provided according to the approved schedule, or Reimbursement, where funds are released for completed work or eligible expenses supported by proof of payment.
Draws must follow your originally approved budget. Contingency funds may be available for eligible overages, and changes to your project scope can be submitted through a Change Request in the portal for review and approval.
An onsite or remote inspection may be used to verify completed work. Once the inspection is received, Temple View will review the work and approve the draw, request additional information, or adjust the request based on the work completed.
Once your draw is approved and all required documents are completed, funds are released to the approved account. BSI may contact you to confirm wiring information before funds are released.
Still have questions?
Phone: 1-844-675-1900 (Option 5)
Email: Drawrequests@templeviewcap.com
To download our a PDF copy of our guidelines or FAQs, click on the buttons below
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