---
title: "What Is Draw schedule? Building Glossary | Halo Homes"
description: "A draw schedule lists the building milestones that trigger each release of money from a construction loan."
url: https://build813.multisites.ai/glossary/draw-schedule
publisher: Halo Homes
phone: +1-813-956-1972
quote: https://build813.multisites.ai/contact
---

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# Draw schedule

A draw schedule lists the building milestones that trigger each release of money from a construction loan.

A draw is one release of loan money. The schedule names the stages of work that unlock each release. A typical list might follow steps such as foundation, framing and finish work, but the lender sets the real one.

The Consumer Financial Protection Bureau says the money from a [construction loan](https://build813.multisites.ai/glossary/construction-loan) is typically provided in a series of advances as the construction progresses. Ask your lender how it checks progress before it pays. Match the draw list to your contract, whether [fixed-price](https://build813.multisites.ai/glossary/fixed-price-contract) or [cost-plus](https://build813.multisites.ai/glossary/cost-plus-contract). See [the cost to build a custom home in Tampa](https://build813.multisites.ai/cost-to-build-custom-home-tampa) for budget context.

[Halo Homes can helpCustom home construction](https://build813.multisites.ai/services/custom-home-construction)

## Related terms

-   [Construction loan](https://build813.multisites.ai/glossary/construction-loan)
-   [Construction-to-permanent loan](https://build813.multisites.ai/glossary/construction-to-permanent-loan)
-   [Fixed-price contract](https://build813.multisites.ai/glossary/fixed-price-contract)
-   [Cost-plus contract](https://build813.multisites.ai/glossary/cost-plus-contract)

## Sources

1.  [Consumer Financial Protection Bureau: What is a construction loan?](https://www.consumerfinance.gov/ask-cfpb/what-is-a-construction-loan-en-108/)

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## Start your home.

Tell Halo about your lot, your plans and your timing. A call or a short note is enough to begin.

[Start your home](https://build813.multisites.ai/contact)

Or call [(813) 956-1972](tel:+1-813-956-1972)