Helping builders build with confidence.
When financing slows down, communication breaks down, or expectations aren't met, it doesn't just impact the loan— it impacts your timeline, your client relationships, and ultimately, your repuation.
That's why we built Impact Builder Advantage™ around clear communication, predictable processes, and a team that understands construction. Our goal is simple: keep your project moving so you can focus on building exceptional homes and delivering an experience your clients will remember.
Michelle Moyer Thula
Branch Manager · Loan Officer · Founder of ILG
Your plans, backed by dependable funding Construction funds are released after completed work has been inspected and approved — we don't advance funds before the work is done. Please confirm that your company can operate under a reimbursement draw schedule before we begin. Settling this up front saves everyone time and ensures the program is a great fit for your business.
An initial disbursement of up to 10–12% of construction costs (depending on the loan product) or $50,000, whichever is less, gives you a head start.
Submit draw requests anytime through the OneSite Builder Portal — from the office or the jobsite.
Approved draws are typically funded within about five business days of inspection verification.
Up to 50% reimbursement on key materials so you can lock in pricing and supply early.
Construction specialists guide you from approval through final completion — not a rotating call center.
Construction and permanent financing in a single close keeps your buyer committed and your build on track.
Because the thing every builder really wants to know is: when do I get paid?
Finish a phase → request a draw → inspection confirms the work → funds are released. Repeat through the build.
Material draws count toward your six included draws. Your initial disbursement at closing helps cover early labor and materials.
Certain materials can receive up to 50% reimbursement based on invoices and your budget allocation — so you can secure pricing and supply before they're installed, instead of floating every dollar yourself.
Material draws count toward your six included draws and follow the same simple request-and-verify process.
Any changes to plans, specifications, or costs must be approved by New American Funding before the work is completed. Unauthorized changes may impact financing approval — so when something shifts, loop us in early and we'll keep you moving.
At completion, final inspections and required documentation must be received before the final draw is released and the loan converts to permanent financing. We'll work alongside you to make sure everything's ready so there's no wait at the finish.
Builder approval is completed once. After that, each new build follows the complete project checklist for its loan type. Final completion requirements are handled at the end of every project.
Complete this checklist once to become an approved builder. You will not repeat this package for every project unless an item expires or updated documentation is requested.
Start here.
These documents validate your company and establish your builder approval with New American Funding.
Select the loan type below. Each card shows the complete project checklist — standard requirements plus any additional FHA or VA items — so nothing has to be pieced together from multiple lists.
Required for each Conventional build.
Includes all standard project items plus FHA requirements.
Includes all standard project items plus VA requirements.
These items are collected at the end of construction before the final draw is released and the loan converts to permanent financing.
Finish-line checklist.
We will help coordinate timing and confirm which conditional items apply to the property and loan program.
Every form you need, ready to complete on screen. When you're done, print it, sign it, and scan or photograph it back to Michelle.
The one-page intake form — who you are, your project, and how to reach you. The paper version of our online Get Started form.
The complete one-time builder approval package — the first item in the Builder Approval Checklist above. Every new builder starts here.
Required for FHA construction loans — describes the materials and finishes going into the home. Included in the FHA Project Approval Checklist above.
Required for VA construction loans — the VA's version of the materials and finishes description for the home you're building. Included in the VA Project Approval Checklist above.
Tip: open a form in your browser or Adobe Reader, type directly into the fields, then print. Filling by hand works too — just keep it legible for scanning.
No — the program is reimbursement-based. Funds are released after completed work is inspected and approved. The initial disbursement at closing (up to 10–12% of construction costs, depending on the loan product, or $50,000, whichever is less) is the one exception that gives you an early head start.
Builders may receive 10–12% of construction costs (depending on the loan product) or $50,000, whichever is less, shortly after closing — subject to project approval and program guidelines.
Funds are generally disbursed within about five business days after a draw request and inspection verification, once all required documentation has been received.
Six draws are included, with a $5,000 minimum per draw. Additional draws are available for $250 each. Material draws count toward your six included draws.
Yes. Certain materials — lumber, windows, appliances, flooring, cabinets, countertops, and doors — can receive up to 50% reimbursement based on invoices and your budget allocation.
Draw requests are submitted online through the OneSite Builder Portal. Inspections are handled by Land Gorilla, and our construction team supports you from approval through final completion.
Any change to plans, specifications, or costs must be approved by New American Funding before the work is completed. Tell us early — unauthorized changes can affect financing approval.
Construction lending specialist, powered by New American Funding. Backed by a dedicated construction team and Land Gorilla draw management — so you always know what's next.
Start My Builder Approval →
