Our Services
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Loan Portfolio Inspection
Trained inspectors will visit the project site, complete a property specific checklist
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Construction Budget & Cost Analytics
We provide experienced cost estimators and/or contractors
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Construction Progress Inspections
We provide trained professional inspectors who will visit the
Read More...Benefits of Our Services
- LendersWe take care of the burdensome, negative interactions in the project, so that you can focus on what you do the best - building positive relationships and putting the money to work
- Builders / ContractorsWe take the uncertainty away from availability of project funds, and manage paperwork needs - so that you can focus on what you do the best - building quality construction profitably
- Project OwnersWe provide a legal safety net from non-project creditors, and take care of the funds flow and administrative needs so that you can focus on what you do the best - finding the next project
How It Works?
- Lender submits job start form to CFC
- CFC sends executed agreement and cost breakdown to Lender once the original is received
- As project progresses, CFC sends requests for payment to Lender for funding
- Lender requests CFC to send an inspector. Upon review of inspection report, Lender deposits funds into CFC’s escrow account
- Lenders retain flexibility to send out a loan officer to the project, either in lieu of or in addition to CFC inspector
- Contractor submits request to CFC CFC submits request to Lender and sends vouchers to contractor
- Contractor obtains authorized signature on voucher and gives to payee as Lender prepares funding
- Payee submits completed voucher to CFC for payment
- Owner obtains loan from Construction Lender who uses CFC Fund Control
- Owner/Lender submits job start form to CFC with cost breakdown
- CFC sends out agreement for Owner and Contractor to sign
- Owner and Contractor sign agreement and return to CFC to set up their job