Accounting for Construction Loan Draws: Simple Guide for Homeowners, Builders, and Investors

Accounting for Construction Loan Draws Construction loans are different from a normal mortgage. With a regular residential mortgage, the money is usually advanced one time when the mortgage closes. With a construction loan, the lender usually releases the money in stages. These stages are called construction loan draws, mortgage draws,...

Purchase Plus Improvements

Prepared by LeSolace Corporation May 1, 2026Purchase Plus Improvements: Buy the Home, Then Make It WorkNot every home is perfect on closing day.Sometimes the right property needs work. New flooring. A better kitchen. A bathroom update. Paint. Windows. Maybe repairs that make the home more comfortable and functional.That is where...