Construction Loan Disbursement

Did you know that Continental Title’s St. Louis offices offer construction loan disbursement? We sure do! We disburse for commercial and residential projects, new construction and rehab projects.

Do you know why you would need a Construction Loan Disbursing Company?

Construction loan disbursement is the process of paying contractors, sub-contractors and material suppliers directly to minimize the risk of a contractor filing a lien on the property for non-payment of any amounts due. As a construction loan disbursement company, we ensure that all work has been performed, all material is on the job site, and that all mechanic’s lien waivers have or will be collected from all suppliers and contractors prior to any payments being released. We also make sure that no mechanic’s liens are filed against the subject real estate property on every draw.

If you are in need of our construction disbursing services, or have any questions, please do not hesitate to reach out to our CTC Disbursing Team.

Items Needed To Start A Project

  • Budget
  • Contract between Owner and General Contractor (if the owner is not their own GC)
  • Contact information for Lender, Owner, and General Contractor

Why Are There Two Title Policies On My House?

As you’re examining the many expenses related to your potential home loan and purchase, you may have noticed two expenses that seem overlapping at first glance–owner’s title insurance (or the Owner’s Policy) and lender’s title insurance (or the Loan Policy). It makes sense to ask what these are and why they’re there. Both serve as important items for you, and your lender, both now and in the future.

Chris and Mylinda Serroiz

Doxa Real Estate Services

We know that you have been absolutely slammed these past few months with all that is going on within this industry.

We just want you to know how much you are appreciated and that we are sincerely praying for all of you. Not only as individuals, but as a team. THE GREATEST TEAM IN TITLE!

Keep your heads up and keep plowing forward. You’ve got this!

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