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A woman in a 724 Builder shirt stands beside a projection screen in a board room panelled in vertical white oak, one hand raised toward the screen as she speaks to four people seated along the table. The screen shows an out-of-focus project dashboard. Framed pictures of the Texas Capitol, a close-up of bluebonnets and a pale historic bank interior hang on the walls.

Draw Inspections for Community Banks

Independent field verification for commercial construction and multifamily draws. We compare each draw request with the work and materials observable at the project site, document relevant conditions with dated photographs, and clearly identify anything that cannot be verified. Your team receives the field information and retains complete authority over every funding decision.

Independent support for every draw

Know what is in place before the money moves

A draw package tells you what the borrower or contractor is requesting. It cannot independently confirm what has been completed or delivered to the project site.

724 Builder closes that gap. We compare the pay application and schedule of values with the work and materials actually observed, document the site with dated photographs, and identify anything that does not reconcile.

Your team receives a clear, independent record of what was requested, what was observed, and what could not be verified — so it can make its own funding decision with better information in the loan file.

The value of independent oversight

The best time to find a discrepancy is before the draw is funded

A draw request may include work that is not yet complete, materials that cannot be located at the project site, unsupported stored materials, unresolved change orders, or progress that does not appear consistent with the amount requested.

We do not argue the request, approve the draw, or tell the bank what to fund. We document what was observable during the inspection, identify the affected line items, and report anything that could not be independently verified.

Your team decides what happens next. Our role is to make sure the discrepancy is visible, specific, and preserved in the loan file.

Six people sit along a long oak conference table in a bank meeting room on an upper floor, all watching a wall screen that shows a construction project file — a photograph of a commercial building part way through its build, above rows of entries. A man in the foreground types on a laptop without looking down; his own screen shows a grid of site photographs. A wide black-and-white panorama of the Austin skyline hangs on a slatted oak wall to the right.

We show you what the draw package cannot

We compare what was requested with what was present and clearly identify anything that did not reconcile.

The report

What lands in your file, every draw

One independent report documenting what was requested, what was observed, and every material discrepancy identified during the inspection.

Requested against observed, line by line
Each applicable schedule-of-values line item compared with the work or materials observable at the project site, with material variances clearly identified.
Unverified items clearly identified
Anything included in the draw request that could not be located, observed, or independently verified during the inspection.
Dated photographs tied to the work
GPS-verified, time-stamped photographs connected to the relevant work and line items.
Field conditions and exceptions
Change orders, stored materials, schedule concerns, site conditions, and other items that require the lender’s attention.
Continuity from one draw to the next
Previously identified items revisited during subsequent inspections, creating a documented history of what changed, what was verified, and what remained unresolved.

Built around your draw process

Independent field verification without a new workflow

Your draw process, review standards, and funding authority stay intact. We provide the independent field observations and documentation your team needs at the point where they already belong.

  1. You send the draw package

    Send the current pay application, schedule of values, project budget, and relevant supporting documents. We review the request and identify the work and materials that need to be verified in the field.

  2. We walk the project site

    We coordinate access, observe the work and materials present, document relevant conditions, and compare our field observations with the current draw request.

  3. We document what does not reconcile

    If requested work or materials cannot be observed or independently verified, we identify the applicable line item and clearly document the discrepancy in the report.

  4. The report goes directly to your team

    The report is prepared for your loan file and delivered to the people you designate. Your institution reviews the findings, determines what they mean for the draw, and retains sole authority over the funding decision.

  5. We revisit open items on the next draw

    Items that could not be verified can be checked during the next inspection, creating a continuing record of what changed and what remained unresolved.

See the difference in the file

Start with one commercial draw

Send us the next commercial draw your team is reviewing. We’ll independently compare the request with the work and materials observed at the project site, document anything that does not reconcile, and deliver the findings directly to your team.

Schedule a callSee a sample report