Draw Disbursing

All your needs for Construction Draw Disbursements. We will work with your lender for draw requirements, obtain lien waivers, conduct draw audits and disburse funds.

Construction Disbursements

Contact us if you need construction draw audits, disbursements, and lien waiver services.

We work with the lenders and the contractors to ensure your project payments go smoothly.

Get in Touch

NewOrders@TartanTitle.net

612-237-0797

BASE PRICING FOR COMMERCIAL LOAN DRAW SERVICES

Market Rate/Traditional Loans *

Section 42 or other Multi-Source Project *

• $5,000.00 Closing draw

• $1,500.00 Each additional Draw

Draw files will be maintained on a cloud-based service of the client’s choice. i.e. Dropbox, OneDrive, Google Drive, etc..

With QuickBooks Desktop accounting maintained for Trial Balance, Balance Sheets, Cost Segmentation, and transfer of financials to Management service:

• $4,500.00 closing draw

• $1,500.00 each additional draw

• $7,500.00 closing draw

• $2,500.00 each additional draw

With QuickBooks Desktop accounting maintained for Trial Balance, Balance Sheets, Cost Segmentation, and transfer of financials to Management service

*All draw contracts will be priced based on depth of projects needs and duration. Prices listed above are projected and average services costs.

Tracey Videen will be the primary contact for Commercial Draw Services.

Draw packages includes MHFA standard Draw Requisition form, Payee List, Supporting documentation, and any additional documentation required by lender, grantors, or other interested parties.