Virtual Construction Draw Inspections for Lenders
Fund construction draws with greater confidence using verified 3D site documentation. Our LiDAR-based digital twins replace unreliable 2D photography with timestamped, unalterable evidence of construction progress — enabling faster draw authorizations while reducing lender risk.
Verified Progress Tracking for Construction Loans
Construction lending depends on accurate progress verification. Traditional draw inspections rely on 2D photographs — images that show selective angles, miss context, and cannot verify measurements. A photo of framing doesn't tell you if 80% or 95% of the framing is complete.
Our 3D LiDAR scans capture the complete jobsite in millimeter accuracy, creating a digital twin that lenders can walk through virtually. Compare progress between draw phases, verify that claimed work matches actual conditions, and authorize draws with documented evidence rather than estimates.
How Virtual Draw Inspections Work
- Schedule scan at each draw phase — Coordinate with the builder to scan at each milestone defined in the loan agreement.
- On-site LiDAR capture — Our technician captures a complete 3D scan of the jobsite, documenting all visible progress.
- Timestamped digital twin delivery — You receive a verified, dated 3D virtual tour that serves as the official record of progress.
- Remote review & authorization — Loan officers and underwriters review the scan from any device, compare to prior phases, and authorize the draw.
Benefits for Construction Lenders
- Reduced risk — Verify that claimed progress matches actual conditions before releasing funds.
- Faster draw processing — Review progress remotely without scheduling on-site visits, accelerating the draw cycle.
- Unalterable documentation — Timestamped 3D scans cannot be selectively angled or manipulated like photographs.
- Phase-to-phase comparison — Compare digital twins from consecutive draw phases to verify incremental progress.
- Multi-stakeholder access — Share the same verified scan with loan officers, underwriters, inspectors, and builders.
- Audit trail — Maintain a complete digital record of every draw inspection for regulatory compliance and portfolio management.
Common Draw Inspection Milestones
We typically scan at the following construction phases, as defined by the loan agreement:
- Foundation completion
- Framing and structural completion
- MEP rough-in (mechanical, electrical, plumbing)
- Insulation and drywall
- Interior finish and trim
- Final completion and certificate of occupancy
Why 3D Beats 2D for Draw Inspections
A 2D photograph shows a single angle at a single moment. A 3D digital twin captures the entire space — every wall, ceiling, floor, and system — in a navigable format that reveals the true state of construction. Lenders can zoom into specific areas, take measurements, and verify scope of completion with confidence that the documentation is comprehensive and unbiased.
Frequently Asked Questions
What is a virtual draw inspection?
A virtual draw inspection uses 3D LiDAR scanning to remotely verify construction progress for lenders funding construction loans. Lenders receive a timestamped digital twin documenting exactly what has been completed at each draw phase.
How do virtual draw inspections reduce risk?
They provide a complete, unalterable 3D record at each draw phase. Lenders can verify claimed work is complete, compare phases, and identify discrepancies before releasing funds.
How often should draw inspections be performed?
Typically at each draw milestone — foundation, framing, rough-in, drywall, and completion. Some lenders schedule monthly scans for high-value projects.
Can multiple people access the same scan?
Yes. Each digital twin is a web-based virtual tour with a shareable link accessible from any device.
What areas do you serve?
We provide draw inspection services throughout the NH Seacoast and Southern Maine, including Portsmouth, Dover, Rochester, York, Kittery, and surrounding communities.