New Draw Request Process

How To Request A Draw

• 1
  2-3 Business Days after funding, you will receive an email from Longhorn Investments to gain access to our draw request platform.
• 2
  If you already have an account, you can log in.
• 3
  The location and scope of work will determine the type of inspection required.
• 4
  Ensure you note how the inspector can gain access to the property.
• 5
  The typical Draw Fee is $150 for a single-family investment property.

How The Draw Process Works

• 1
  The borrower is responsible for paying contractors directly if they require funds upfront to begin rehab.
• 2
  The borrower is ready to be reimbursed for completed work and submits a Draw Request
• 3
  Inspections are performed to verify that the items requested have been completed. The inspection report is sent to the lender for approval.
• 4
  The lender reviews the inspection report. Escrow funds are electronically released from the lender to the borrower. Turnaround time is typically 3-5 business days from the Draw request to the borrower’s receipt of the funds.