Renovation work typically starts after closing — once the rehab escrow is funded — not the day you go under contract. Timelines depend on contractor readiness, permit approvals, and program rules. Ryan and Steve help you plan scope and line up your team so work can begin as soon as the loan closes.
You usually cannot start funded renovation draws before closing. The rehab escrow account is established at closing — that is when loan proceeds earmarked for improvements become available through the draw process.
Before closing, you plan scope, gather contractor bids, and work through permit requirements so the project is ready to launch. After closing, draws are released as milestones are completed and pass inspection — not as a lump sum on day one.
Most renovation programs require all work to be completed within a set window — often around six months from closing. Ryan and Steve align your scope and contractor schedule with those deadlines before you commit to the project.
Even after closing, several factors determine how quickly work moves from first draw to final inspection.
A realistic timeline follows the draw process — not a same-day start after you sign the purchase contract.
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Related guides to scope your project and move toward pre-approval.
How one loan covers the home and improvements with draw disbursements.
Eligible work items, program caps, and common scope limits.
When pools, high-end finishes, and extras may or may not qualify.
Programs, calculator, and the full renovation hub.
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Share your project scope and contractor timeline with Ryan & Steve. We will match your plan to the right renovation program and help you line up work to start as soon as closing funds the escrow.