Construction Draw Request Form: What It Includes and Where to Get One

20 September

Dave Daugherty

Principal at SB360

By Smart Builder 360 Team | Principal Contributors: Kurt Shank & Dave Daugherty | Updated: September 2026

A construction draw request form asks the lender to release the next portion of a construction loan. It typically covers the project and loan details, the milestone and amount requested, percentage complete by cost category, and a list of attached documents and lien waivers. Every lender has its own version, so the fields below are the ones that carry across all of them.

Table of Contents

What a Draw Request Form Includes
Lender-Ready Checklist Before You Submit
Why Every Lender's Form Looks Different
Where to Get the Real Form
Frequently Asked Questions

If you're searching for a construction draw request form, you're probably staring at a blank page trying to work out what the lender actually wants to see. Here's what goes on the form, and how to stop rebuilding it from scratch every draw.

What a Draw Request Form Includes

Project and loan information: borrower, property address, and loan details the lender uses to identify the job
Draw number and milestone: which draw this is and the milestone it corresponds to
Amount requested: the funds you are asking the lender to release for this draw
Percentage complete: shown by cost category against the schedule of values
Cost breakdown: what has been spent and what remains, so the lender can see the loan stays in balance
Attached documents and lien waivers: invoices, photos, and signed waivers supporting the request

Lender-Ready Checklist Before You Submit

Milestone is actually complete, not nearly complete
Percentage complete matches the work in place and the schedule of values
Requested amount ties back to the cost breakdown
Invoices and photos attached for the work being billed
Lien waivers collected from the subs and suppliers paid on the last draw
Lender's own document list confirmed for this loan

For what lenders typically ask for on top of the form itself, see our breakdown of the documents lenders require with a draw request.

Why Every Lender's Form Looks Different

There is no single national draw request form. Many banks supply their own, or require specific fields or wording, so a generic template you download rarely matches what your lender wants. What stays the same is the information underneath it, which is why keeping that information organized matters more than which blank form you start from. The full process, from loan closing to final draw, is covered in our guide to the bank draw process for home builders.

Where to Get the Real Form

Smart Builder 360 includes native bank draw form generation, built from the project record, schedule, and cost information you're already tracking, so the numbers on each draw come from the job instead of a blank page. The form lives inside the app. Start the free trial and you'll find it there.

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Frequently Asked Questions

What is a construction draw request form?

A construction draw request form is how a builder asks the lender to release the next portion of a construction loan. It typically shows the milestone reached, the amount requested, percentage complete, a cost breakdown, and supporting documents and lien waivers.

What should a draw request form include?

Commonly: project and loan information, the draw number and milestone, the amount requested, percentage complete by cost category against the schedule of values, and a list of attached documents and lien waivers. Exact fields vary by lender.

Does every lender use the same draw request form?

No. Many lenders have their own form or require specific fields, so confirm your lender's requirements before your first draw. Whatever the format, the underlying information is the same.

Where can I get a draw request form in Smart Builder 360?

Smart Builder 360 includes native bank draw form generation. Start the 30-day free trial and you'll find the draw form inside the app, built from your project's cost and schedule information.

Is the free trial really free?

Yes. The Smart Builder 360 trial is 30 days and requires no credit card.

Do I need to re-enter my numbers for each draw?

No. The draw form works from the project record, schedule, and cost information already in the system, so each draw builds on the same job data instead of a blank form.