Read-only view of Stratford Custom Homes 's project. You can comment but cannot edit. The borrower sees your read events in their activity feed.
926 Stratford · The Tennessean
Sweetwater, TN · 1,784 SF · Stick-built spec · PRJ-2026-118
In construction
Phase: Rough-In
Borrower reliability 4.4
Loan Amount
$322,688
Drawn $214,820 (66.6%)
Project Cost
$430,250
Actual to date $286,420
LTC
75.0%
Within band (65–80%)
Overview
Budget
Marketplace
Draws
Schedule
Documents
Site & Foundation
Complete
JM
James Mac submitted Draw #4 ($48,250)
12 min ago
Rough-electrical inspection passed (Inspector R. Vance)
1d ago
CO
CO #2 ($4,180) signed by owner · added trim window upgrade
2d ago
$
Marketplace contract MC-2026-014 (Summit Framing) marked complete
4d ago
Construction Loan Agreement
Signed 2026-02-14 · 28 pp
Title Insurance
Old Republic · effective 2026-02-14
Builder's Risk Insurance
Travelers · expires 2026-08-14
Appraisal
$465,000 (after-build) · 2026-01-08
Trade Budget Actual Δ Source
Site preparation $24,800 $23,940 -3.5% Internal Foundation $32,400 $33,180 +2.4% Internal Framing $58,400 $58,400 +0.0% Mktp · MC-2026-014 Roofing $22,600 $22,600 +0.0% Mktp · MC-2026-018 Plumbing rough $14,200 $14,840 +4.5% Internal Electrical rough $22,800 $23,640 +3.7% Bid pending HVAC rough $18,400 · Pending Open to bid
Total $430,250 $286,420 +1.8%
$81,000
19% of project cost · 2 contracts
$282,750
66% · in-house + bid-won subs
$66,500
15% · HVAC + finishes
Contract # Trade Subcontractor Value Paid Status Auto-pay
MC-2026-014
Framing
Summit Framing4.6★ · 38 jobs
$58,400
$58,400
Complete
MC-2026-018
Roofing
Tennessee Roofworks4.4★ · 22 jobs
$22,600
$13,560
Active
RFQ Trade Bids Lo / Hi Status
RFQ-2026-117 Electrical rough 4 received $21,800 / $24,200 Awaiting award RFQ-2026-129 HVAC rough 2 received $17,800 / $19,400 Open
Marketplace 19%
Internal 66%
Open 15%
Your portfolio average: Marketplace 24% · Internal 61% · Open 15%. Stratford runs slightly internal-heavy compared to your other borrowers.
Source: 33.4.22 · Lender view of marketplace breakdown. Marketplace contracts are deterministic outflows because the value and pay schedule lock at contract sign; open RFQs and bid-pending lines remain speculative until they award.
Draw Submitted Amount Cumulative Status Reviewer
Draw #1 2026-02-28 $42,820 $42,820 Approved S. Reeves Draw #2 2026-03-15 $58,180 $101,000 Approved S. Reeves Draw #3 2026-04-02 $65,570 $166,570 Approved S. Reeves Draw #4 2026-04-30 (today) $48,250 $214,820 Under review S. Reeves
Foundation pour Complete · 2026-02-26
Dry-in Complete · 2026-04-08
Insulation inspection Scheduled · 2026-05-12
Drywall complete Projected · 2026-05-28
Final / CO Projected · 2026-07-22
Construction Loan Agreement
Signed · 2026-02-14 · 28 pp
Current Title commitment
Old Republic · 2026-01-22
Current Builder's risk policy
Travelers · expires 2026-08-14
Expiring 90d Appraisal
2026-01-08 · ARV $465,000
Current