Construction lending is one of the most valuable products a bank or credit union can offer, and with the right partner, it’s also one of the most rewarding to manage. When builders finish on time and on budget, everybody wins—the borrower closes strong, jobs are created, and the community gets the housing it needs. Blueprint offers the visibility, the process, and the expertise for construction lending with confidence by reducing risk at every stage, accelerating draw cycles, and giving builders the structure they need to cross the finish line successfully.
Introduction to construction funds control
Unlike a standard mortgage, a construction loan doesn’t disburse all at once. Money moves in stages, called draws, as the project hits milestones. That means every loan is an ongoing relationship with a builder, a project, and a moving set of risks.
Most institutions handle this with a patchwork of spreadsheets, third-party inspectors, manual approval chains, and software that wasn’t really designed for construction. When inevitable bottlenecks and other issues arise, you’re looking at stalled projects, frozen assets, and write-downs nobody planned for.
According to the SORCI Report, 55% of builders don’t finish on time, and 35% don’t finish on budget. That’s not always the fault of the builders, and is more commonly a visibility and process problem—one that starts at the lending desk.
What is CoFi Blueprint?
CoFi Blueprint is a fully managed construction funds management platform that combines human expertise with proprietary software to help lenders maximize the value of their investments. It’s built for banks and credit unions that want to grow their construction portfolio without growing their headcount or their risk exposure.
The keyword is managed. Blueprint isn’t software you license and figure out on your own. It’s a combination of proprietary technology and a dedicated team of construction lending specialists who actively manage it alongside you—from the first draw to the final payoff.
CoFi’s founders, Cam and Mike, came from construction and development themselves. They built Blueprint because they felt the bottlenecks firsthand and knew what was missing. That’s why the platform is designed around how construction lending actually works, not how it looks on a spreadsheet.
How does Blueprint support funds control?
At its core, funds control is the process of managing and overseeing the disbursement of a construction loan, and where Blueprint earns its place in your portfolio. Done well, funds control ensures that:
- Money is released in alignment with actual project progress
- Draws are verified against inspections and documentation
- Lien waivers and compliance requirements are met
- No funds leave without proper authorization and oversight
For lenders, strong funds control is the difference between a healthy portfolio and a series of uncomfortable conversations with your board. It protects the institution, the borrower, and—when builders finish—your relationship with both.
For many institutions, funds control is either handled internally (resource-intensive) or outsourced to a third party (limited visibility). Blueprint takes a third path: it handles the work and keeps you in the loop.
How Blueprint accelerates funds control
Blueprint’s funds control team manages every draw and disbursement through a structured, documented workflow. Here’s what makes it different:
Digital Draw Management
Builders submit draw requests digitally through the Blueprint platform. That means no paper, no email chains, no chasing documentation. Requests move through automated workflows, so approvals are faster and nothing falls through the cracks.
Off-Site Inspections Powered by 3D Cameras
Blueprint provides builders with 3D cameras to capture each stage of the construction process. Blueprint’s funds control specialists use that footage to conduct thorough off-site inspections—verifying progress, identifying issues early, and keeping projects moving without waiting on an in-person inspector to schedule a site visit.
Traditional inspection models create delays. Off-site inspections powered by real visual data give lenders the confidence of eyes-on-site with a fraction of the friction.
Dedicated Expert Team
Behind the platform is a real team of funds control specialists—people who understand construction lending and are actively managing your loans alongside you. Greg Fullmer, CoFi’s Chief Risk Officer, leads a team that includes senior and specialist-level funds control professionals.
Effortless Integration
New technology often comes with onboarding headaches, but because Blueprint is managed by our team and comes with a dedicated support team, lenders have no issue integrating it into their existing systems and getting it up and running without the added friction of normal SaaS solutions.
Full Lifecycle Visibility
From loan setup through final payoff, Blueprint tracks every stage:
- Loan setup and project onboarding
- Draw request submission and document collection
- Inspection and verification
- Approval and fund disbursement
- Ongoing project and portfolio monitoring
Every active loan in your portfolio is visible in real time. No surprises. No gaps.
What this means for banks and credit unions
When you work with Blueprint, you’re adding an operational partner.
For loan officers, that means less time chasing paperwork and more time focused on the relationship. Draw requests come in clean, get processed faster, and move through approval with confidence.
For compliance and audit teams, Blueprint’s structured workflows and documentation trail mean you’re always ready. Every decision is logged. Every disbursement is supported.
For your institution’s growth goals, it means you can scale your construction portfolio without proportionally scaling your staff. More loans. Consistent processes. The same level of control.
The results back it up. 72% of CoFi borrowers exited their construction loans ahead of schedule in 2025—in a market where most builders don’t finish on time.
More than SaaS
Software alone gives you tools but leaves the work to your team. Outsourced funds control takes on the work but disconnects you from your own portfolio—limited visibility, fragmented systems, no real ownership.
Blueprint was designed to close that gap: proprietary technology and a dedicated funds control team that work together as one, with full transparency at every stage.
Ready to see it in action?
If your institution is looking to grow its construction portfolio—or just looking for a better way to manage the one you have—Blueprint is worth a conversation.
Request a Consultation and learn how Blueprint can transform your construction lending.
