Construction ServicesThe Fund's staff can function as a project's construction management
department from the moment financing is arranged and the mortgage is
recorded.
This includes offering a full spectrum of Construction Loan Services,
including day-to-day management of the title and financial details of
virtually any project.
As an independent and neutral third party, we provide Escrow and
Disbursing Services for the entire life of the loan, including:
- Disburse funds and receive and examine construction documentation
- Review requisitions and waivers of lien, and monitor the names of parties filing Notices to Owner
- Update the title search and issue disbursement endorsements
We assist lenders in determining that the contractor and all other
parties furnishing labor, materials, and services are being paid in a
timely manner - ensuring that no liens are placed against the property
during construction.
For more information, please contact Escrow Operations
Department, or call (800) 929-5791.
1/21/2005
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