Contract value
$430,250
Stratford Custom Homes
Released to date
$102,850
3 of 9 draws approved
In review
$24,800
Draw 4 · framing phase
Remaining
$302,600
70% of contract
Draw history
Draw Phase Submitted Approved Amount Status
#01 Site prep & permits
Permit fees, lot clearing, utility taps
Jan 12, 2026 Jan 18, 2026 $22,400.00 Approved View
#02 Foundation footings
Excavation, footings, slab prep
Feb 24, 2026 Mar 03, 2026 $48,300.00 Approved View
#03 Foundation walls
Stem walls, waterproofing, backfill
Apr 18, 2026 Apr 24, 2026 $32,150.00 Approved View
#04 Framing
First & second floor framing, roof trusses
May 15, 2026 Pending $24,800.00 In review View
#05 Roof & dry-in
Sheathing, underlayment, shingles
Not submitted $38,200.00 Scheduled
#06 Mechanical rough-in
Plumbing, electrical, HVAC rough
Not submitted $42,600.00 Scheduled
How draws work

A draw is the chunk of money your lender releases to Stratford Custom Homes when a build phase is complete. Marcus submits photos and an invoice, the bank sends an inspector, and once verified the funds move directly to the builder.

You don't pay anything out of pocket for draws. The bank holds your construction loan and releases funds against work completed. The ledger above is your read-only view of every draw against the build.