What is a full time bank draw inspection?

A Full Time Bank Draw Inspection is a process where an inspector visits a construction site on behalf of a lender to verify that the work completed matches the progress claimed in a draw request. This ensures that funds are released according to the actual stage of construction and that the project remains on schedule and within budget. Inspectors check for completed work, materials on-site, and compliance with plans and specifications, helping protect the bank’s investment.