Construction Loan Disbursement
Heritage Title Company's Construction Loan Disbursement Department provides the assurance that your construction lending funds will be handled in the most efficient and concise manner. An experienced and professional staff will assist you on Residential or Commercial properties. Our services include:
- Full service Disbursement Program
- Mechanic's Lien Endorsement issued at the time of each advance (101.2)
- Disbursement Processing Services including Draw review, Title updates, Inspection Reports and distribution of Loan funds
- Comprehensive Accounting procedures including IRS 1099 reporting
- High quality Inspection reports with photos
- Streamline of communications between Lender, Borrower and Contractor
- Facilitation of Construction Escrow
