Construction Draw Analyst

Overview

The organization is seeking a detail-oriented and driven Construction Draw Analyst to support real estate investors through the review and analysis of construction draws, budgets, scopes of work, and related project documentation.

This role involves evaluating underwriting reports and property rehab progress, reconciling costs before and after rehabilitation, and identifying discrepancies between inspection findings, budgets, and borrower-submitted draw requests.

Responsibilities

• Use House Canary, Richer Values, and comparable data platforms to evaluate underwriting reports on recently sold properties in portfolio areas
• Write and edit property evaluations for up to 140 loans per month within a 24-hour turnaround
• Analyze 5–8 real estate deals and 10–20 construction draws per week
• Evaluate construction draws, budgets, and scopes of work across multiple active projects
• Review inspection reports, draw requests, and supporting documentation for accuracy and consistency
• Track project progress, remaining reserves, and funding timelines
• Identify discrepancies between inspections, budgets, and borrower-submitted draw requests
• Reconcile property costs before and after rehabilitation
• Confirm budget accuracy across project types, including:
  • new construction
  • cosmetic renovations
  • full gut rehabs
  • multifamily (5+ units)
• Validate renovation estimates for current projects, prepare estimations for upcoming ones, and assess cost allocations across labor, materials, and trades
• Read and interpret building plans, scopes of work, and construction documentation
• Navigate building permits, assessor records, and local compliance requirements
• Apply knowledge of construction sequencing and timelines to assess project feasibility and risk
• Analyze borrower-provided pro formas for larger projects
• Manage a high volume of projects simultaneously while maintaining strong attention to detail

Requirements

• Background in single-family or multi-family construction, construction engineering, general contracting, or single-family residential real estate
• Construction and rehab knowledge, with experience evaluating multi-family properties
• Strong understanding of construction processes, sequencing, and project lifecycle
• Ability to read and interpret building plans and construction documentation
• Experience estimating materials, labor, and total project costs
• Familiarity with building codes, permitting processes, and municipal requirements
• Experience working with project budgets, ideally using CSI MasterFormat divisions
• Understanding of market conditions and new property development
• Strong Excel skills (required)
• Ability to evaluate situations using logic and sound judgment rather than strictly following checklists
• Strong attention to detail with the ability to assess overall project risk (“big picture” thinking)
• Ability to manage multiple projects and competing priorities simultaneously
• Strong adaptability to change and strategic company growth
• Excellent communication skills with internal and external stakeholders

Preferred Qualifications

• Experience working in lending, draw administration, or construction risk analysis
• Experience with MLS, CoStar, House Canary, Richer Values, or similar real estate data and valuation platforms
• Highly analytical with strong critical thinking skills
• Strong quantitative, analytical, and financial modeling abilities
• Exceptional attention to detail and process orientation
• Proficiency in Excel and Word
• Self-starter with strong time management and accountability

AI-Enabled Workplace

The organization actively incorporates artificial intelligence into daily operations and expects team members to utilize AI tools as part of their standard workflow. Experience with AI tools is preferred, and a willingness to adopt AI-assisted work practices is expected for this role.

Compensation & Benefits

• Health insurance
• Dental insurance
• Vision insurance
• 401(k)
• 401(k) matching
• Paid time off

Location

Not specified