Getting started with Construction Loan Draw Management

Construction Loan Draw Management takes a draw request from submission to funding: the borrower requests a draw against the budget, an inspector visits the site and records geo-tagged, time-stamped photos in a mobile app, and your lender staff approve each disbursement against what was verified. Budgets, retainage, lien waivers and title updates are tracked line by line. Every draw keeps its inspection evidence and approvals, ready for credit review, audit and examiners.

What it is for

Most construction lending teams manage draws through email, spreadsheets and inspection reports that arrive as PDFs. Draw administrators reconcile the borrower's request against the budget by hand, chase lien waivers and title updates, and match inspector photos to line items after the fact. It is hard to show that funds went out only for work actually in place, and when a project stalls or a contractor walks away, rebuilding the draw history takes days of searching through inboxes.

• Draw requests arrive in different formats and are checked against the budget by hand
• Inspection photos and reports are not tied to budget line items or to a location and time
• Lien waivers, title updates and change orders are tracked in separate spreadsheets
• The reasoning behind each disbursement is hard to reconstruct for credit review and examiners

Who uses it

• Construction lending departments at banks and credit unions
• Draw administrators and loan operations teams who process disbursements
• Construction and site inspectors, staff or third-party
• Credit officers and chief lending officers who answer for the construction portfolio
• Internal audit, loan review and examiners, who need evidence behind every draw

Before you start

• Your organization licenses Construction Loan Draw Management from Moraph.
• A Moraph client account in that organization, signed in.
• Access to Construction Loan Draw Management in Moraph Apps, given by an administrator in the Moraph Portal under People and access.
• For setup: the product administrator role.

Steps to get started

1. Sign in at app.moraph.com with your Moraph account.

2. Open Construction Loan Draw Management from the launcher. The first time anyone opens it, its workspace is created from the default described in Workspace reference.

3. Check your role: what you can see and do depends on it. See Roles and permissions.

4. Product administrators: work through Set up Construction Loan Draw Management before your team starts.

5. Everyone else: start with Everyday tasks.

Where to go next

• Set up Construction Loan Draw Management
• Everyday tasks
• Connect your systems
• Security, data and compliance
• Troubleshooting and the support guide
• Product overview on moraph.com