OAK Bank Services
Construction Loan Risk Mitigation
Getting you to completion with ZERO loss
Risk Mitigation Services
Draw Inspections
Single and recurring field inspections to validate work completed and stored material for residential and commercial projects. Digital inspection reports include notated draw forms, loan documents, and photos (24 hr to 48 hr turnaround time).
Draw Management
Full-scale draw management including builder and borrower correspondence, draw scheduling, field inspections, lien waivers, and reporting. We manage the entire draw process so your team can focus on growing your loan portfolio.
Pre-Close Review
Full suite of pre-close risk mitigation services such as builder acceptance examination, permit/zoning validation, plan review, and cost analysis. Powerful services that can be bundled to improve loan underwriting efficacy and project controls.
Funds Control
For large residential and commercial projects, we offer funds control as an additional component of our draw management service. We accept full liability for over-disbursement and tailor funding protocols to meet your project requirements.
What Problem Do We Solve?
There is an exceptional amount of risk associated with originating and servicing construction loans. Risks that are often outside of the normal scope of underwriting and have very little to do with the creditworthiness of a borrower. Opportunities for loss include surprise liens, ordinance or zoning violations, inexperienced or dishonest contractors, and many other issues that frequently hinder the construction process.
Some lenders have dedicated internal teams to manage these risk factors, but many do not. That’s where we help . . . making sure your projects reach completion with ZERO loss.
What we do?
OAK Bank Services provides construction loan risk mitigation services for national and local lenders. We are competitive, experienced, accurate, and fast. Most importantly, we understand one box doesn’t fit every lender and draw management often needs to be tailored to meet a lender’s preferred way of working. Since 1990, our goal has been to make sure your construction loan projects get to completion with ZERO loss.
Sustainability
Committed To Keep People Healthy & Safe
We Follow Best Practices
- Sustainablility
- Project On Time
- Modern Technology
- Latest Designs
Sustainability
Transform Communities Across the Globe
About Founders
We Are Leading International Company In The World
Steven Marks
CEO
Lara Smith
CTO
John Doe
COO
About Founders
Our Latest Works
Science Lab Building
New York, USA
Long Gate Bridge
Malmo, SE
Enix Lawyer Building
Toronto, CA
Deep Sea Bridge
Athens, GR
A few of our clients
