Chuck Hasz: Disbursement Group


disbursement group

The Disbursement Group processes the submitted loan draws. Many of our processors come from a construction related background. There knowledge and insight help them to efficiently manage the various components and challenges of construction payment applications. The team members are:
Rayna Glenewinkel
Disbursement Supervisor
Mark Glenewinkel
Disbursement Processor
Jenna Logan
Disbursement Processor
Jeri Goldenhar
Vice President / Sr. Disbursing Officer
Micah Hormann
Disbursement Processor
Joshua Dyczewski
Disbursement Processor
Judi Ward
Disbursement Supervisor
These members work directly with general contractors, subcontractors, vendors, lenders and borrowers in processing loan draws. The level of detail required in prudent construction funding is significant. Collectively, this group monitors such things as:
Draw requests as related to the construction progress Invoices and releases Change orders and line item transfers Tracking of Preliminary Notices Spreadsheet budget sufficiency as compared to subcontracts 1099 maintenance for escrow projects
We recognize that the timely processing of completed draw is one of the most important issues in our industry. We utilize every best effort available to achieve this goal while staying consistent with good business practices.

We live in dynamic times and at The Hasz Companies we continue to grow with the technological advances that become available.

For more "What's New?", sign up for our Newsletterhere.

Bi-Monthly Construction Inspections

Chuck Hasz Enterprise conducts bi monthly inspections on all of the construction projects that are assigned with fund control. Inspectors are assigned projects on a bi monthly basis where they drive to the projects assigned for that day. Inspections consist of meeting with and walking the job site with superintendent, when available, if he is not available the inspector walks the site on their own. The inspector takes pictures of current construction progress that has taken place since the last inspection. The inspector notes all site conditions, Job progress, Superintendent on site, Workers on site and materials stored. He then scores the construction cost breakdown for increases in construction progress line item by line item. Pictures and comments are sent to the main office and forwarded to the appropriate lender. See fee page for cost.

Updated September 25, 2018

Collateral Asset Inspections

Banks periodically need to have the collateral asset property inspected. We normally receive a list from a lender of the properties that are in need of a walk through inspection usually on a semiannual basis. Our office administration team contacts the owner of the property and sets up a time for our inspectors to walk the property usually with the owner or owner?s represenitive. Pictures of the asset are taken along with comments on the condition of the property. There are properties where there is no access to the interior of the building and only exterior pictures are required. These are sent to the lender of record. See fee page for cost.

Updated September 25, 2018

| | |