Construction financing involves two inspection tracks: lender draw inspections at build milestones and municipal building department sign-offs for code compliance. Expect foundation, framing, mechanical rough-in, and final inspections — plus an as-completed appraisal before permanent financing converts. Ryan and Steve map the full inspection path for Indiana new-build files.
Before the first shovel hits dirt, an appraisal based on plans and specs establishes the as-completed value your loan amount depends on. Some lenders order a second appraisal at final completion to confirm the finished home matches projections.
During construction, the lender sends independent inspectors — separate from your builder and separate from the city — to verify work at each draw milestone. Foundation poured, framing complete, mechanicals roughed in, and final walk-through are common checkpoints before funds release.
Your local building department runs its own permit inspections for code compliance. A passed city rough-in does not automatically trigger a lender draw. Ryan and Steve coordinate both schedules so Indiana builders are not waiting on paperwork while crews sit idle.
Each inspection protects a different interest — loan collateral, code compliance, or final occupancy.
Inspections are the checkpoint between completed work and released construction funds.
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Related guides to understand draws, timelines, and construction paperwork.
When construction funds release and how draw schedules work.
Typical build timelines and loan completion windows.
Builder contracts, plans, permits, and lender paperwork.
Change orders, budget overruns, and lender options.
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Share your builder, plans, and timeline with Ryan & Steve. We will outline the draw inspection milestones and municipal requirements for your construction loan before you break ground.