Understanding Draw Schedules in Custom Home Construction

If you’re building a luxury home in South Florida, understanding the draw schedule is key to financial clarity. Custom homes—unlike resale purchases—are billed progressively throughout construction. Each month, your builder submits a draw request that corresponds to the percentage of completed work.

A typical draw request includes:

• Progress summary by construction division (foundation, framing, drywall, etc.)

• Subcontractor invoices

• Vendor receipts

• Lien waivers (to protect against future claims)

• Budget vs. actual cost tracking

In Palm Beach County, many clients finance their builds through a construction loan, which adds another layer of inspection and approval. Lenders often hire third-party inspectors to verify work before releasing funds.

At Elite Living Builders, we pride ourselves on transparent reporting and clean financial documentation. We encourage our clients to ask questions and participate in the monthly draw process—it’s the foundation of trust in any large-scale build.