Get Total Disbursements: $ Construction Draw Request Form

Filling out the Total Disbursements: $ Construction Draw Request Form online requires careful attention to detail to ensure all information is accurately captured. This guide provides step-by-step instructions to assist users in completing the form effectively.

Follow the steps to submit your Construction Draw Request Form online.

1. Click ‘Get Form’ button to access the form and open it in the editor.
2. Begin by entering the property address in the designated field. Ensure that the address matches all relevant documentation for accurate processing.
3. Fill in the draw number and loan number as applicable. These identifiers help track your request within the lender's system.
4. Provide the contractor's name. This should be the legal name of the contractor managing the project.
5. Complete the file number section, which is typically provided by the lender or project manager for easy reference.
6. List all items requiring payment. For each vendor, indicate if the payment is designated for labor or materials, and specify whether it is a partial or full payment.
7. For each listed vendor, provide their full name, social security number, and address. This information is crucial for processing payments.
8. Summarize the total disbursements by entering the cumulative amount in the 'Total Disbursements: $' field.
9. Obtain the necessary signatures from the owner and contractor. Ensure that the date is included for each signatory.
10. Ensure that all original supporting invoices are attached to the draw request form. Each invoice must detail the property address, date, and description of work performed.
11. Review the completed form for legibility and accuracy before saving your changes. Once finalized, you can download, print, or share the form as needed.

Complete your Construction Draw Request Form online today to streamline your disbursement process.