Construction Loan Disbursement, an essential service for homeowners, lenders and contractors, keeps your project on track by providing a centralized, third-party source for managing payments and ensuring the successful completion of construction milestones. Minnesota Abstract & Title Company has the experience and knowledge to manage your construction project, whether it is ground-up, tenant finish work, or rehabilitation.
With our state of the art and customizable construction disbursement program, we are able to monitor line item usage using the Sworn Construction Statement and funding sources for the project. Compliance verification and lien waiver auditing guarantee the funds are disbursed properly and in a timely manner.
Minnesota Abstract & Title Company provides additional services for construction projects that do not include a lender or title insurance. With our worry-free Escrow services, we act as a liaison between the general contractor and homeowner, reviewing documentation and disbursing the homeowner’s funds as if we were giving title insurance to a lender. Auditing and Reconciliation Services are tailored specifically for the do-it-yourself contractors and homeowners who are remodeling or rehabbing properties. We’ll handle the formalities, while you focus on completing the project.
* Sworn Construction Statement
* Draw Request
* Lien Waiver
