Lender Draw Inspections

Independent field verification before construction funds move forward.

Premier Property Assessments, LLC provides independent construction-progress and draw inspection services for lenders and other stakeholders who need a field-based view of project status. We document observable progress, completed work, site conditions, and deficiencies and compare field observations with available draw information.

Percentage of Completion Fund Disbursement Support Portfolio Monitoring

"Know Your Property. Protect Your Investment."

What We Verify

Percentage of Completion

On-site verification of work completed against the approved draw schedule and budget line items.

Plans & Specs Compliance

Confirmation that construction in place is consistent with approved plans and specifications.

Budget & Cost-to-Complete Review

Assessment of remaining costs to complete against remaining loan proceeds, flagging potential shortfalls early.

Site Documentation

Dated photographs and clear field notes supporting every draw request in your loan file.

Change Order Tracking

Review of change orders and their impact on schedule, scope, and remaining budget.

Timely Turnaround

Reports delivered on the schedule your draw process requires, so funding decisions aren't held up.

Our Draw Inspection Process

1

Draw Request Received

We review the contractor's draw request and supporting documentation prior to the site visit.

2

Site Inspection

An on-site walkthrough to verify completed work against the draw request and approved plans.

3

Completion Verification

Percentage of completion is calculated line-by-line against the approved budget.

4

Report Prepared

A clear, standardized report with photos and findings is compiled for your loan file.

5

Report Delivered

Findings are delivered promptly so the draw can move through your approval process.

6

Next Draw Scheduled

We coordinate timing for the following draw, keeping monitoring consistent through completion.

Built for Lenders

Why Lenders Choose PPA

  • Independent, third-party verification—no ties to the borrower or contractor
  • Standardized reporting that holds up through underwriting and audit
  • Consistent point of contact across every draw in the project
  • Regional coverage across MN, ND, SD, WI, IA, and NE
  • Clear, defensible documentation to support disbursement decisions

What You Receive

✓ Percentage-of-completion summary

✓ Dated site photographs

✓ Cost-to-complete analysis

✓ Change order review

✓ Certified Pay Application

One consistent standard, draw after draw, from groundbreaking to completion.