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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceHard Money Loan Draws
Katrina O'Bannon's profile image
Katrina O'Bannon's profile image
Katrina O'Bannon
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  • Member since Jun 8, 2022
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Katrina O'Bannon's profile image
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Katrina O'Bannon
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  • Member since Jun 8, 2022
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Katrina O'Bannon
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Private Lending & Conventional Mortgage Advice

Hard Money Loan Draws

Katrina O'Bannon
Pro Member
Posted Feb 1 2024, 17:17

I have a current deal in process and my hard money lender (Zeus Lending) is taking about a month to do a simple draw request for work that has been completed. With this timeframe it will take several months to complete a rehab. What is the typical timeframe for hard money lenders to release funds when you request a draw for work that is complete? 

Dallas, Texas
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