What is a draw inspection?

A draw inspection is a site visit conducted by an inspector to verify the progress of construction work before a lender releases funds to the builder or contractor. The inspector checks that the completed work matches the stage claimed in the draw request and that the project is advancing according to schedule and within budget. Draw inspections help protect lenders and property owners by ensuring that funds are only distributed for work that has actually been completed. They also identify potential issues early, reducing the risk of costly delays or disputes.