Most rehab loans are underwritten against contractor bids that are incomplete and underpriced by $20,000–$55,000. RehabScope™ delivers an independent line-item analysis of every bid — so you know what you're actually funding before the first dollar goes out the door.
Hard money lenders underwrite against ARV — but the path from distressed property to that ARV runs through the contractor's scope. If the scope is wrong, the loan is underfunded before it starts.
When a borrower's budget runs out at 60% completion, the property stalls. Half-finished rehabs don't sell at ARV — and they don't sell fast. That's your collateral sitting in default.
The contractor's incentive is to win the job. The borrower's incentive is to close the loan. Neither is the same as your incentive — which is to fund a deal that actually completes.
If the real rehab cost is $75K but the bid says $40K, your LTV calculation is wrong from the start. RehabScope™ surfaces that gap before the loan is structured — not after the first draw.
Each of these is a distinct place where RehabScope™ reduces risk in your loan process — at application screening, underwriting, draw approval, and file documentation.
Add scope review to your application checklist. A RehabScope™ report tells you whether the borrower's budget is realistic before you spend time underwriting the deal.
Draw schedules built on an underpriced scope release funds too early against work that isn't finished. Our budget analysis gives you accurate milestone costs before you structure the draw.
If the total project cost changes materially once the scope is validated, you have documented grounds to adjust your LTV, require additional reserves, or restructure before closing.
Every RehabScope™ report is a professional PDF — property details, line-item breakdown, realistic budget range, missing items, risk rating, and analyst narrative. It belongs in the file.
The Lender plan gives your office unlimited Instant analyses. No per-report decisions, no queuing — every deal gets scope validation as a matter of course.
Requiring borrowers to submit a RehabScope™ report filters out speculative or poorly planned deals at the front door — before they reach your underwriting desk.
RehabScope™ is designed to fit inside your existing loan process — not replace it. Three natural touchpoints where scope review changes what you know before you commit.
Require borrowers to submit a RehabScope™ report with the contractor bid as part of their loan application. Use the risk rating and budget gap to decide whether to proceed to underwriting.
Use the validated budget range to structure the loan — draw schedule, reserve requirements, and LTV — against what the project actually costs, not what the contractor bid.
Save the PDF to the file. You have a documented, independent scope review in the record — not just the borrower's contractor bid. That matters if the loan performs poorly.
Each quote reflects a real process change — not a product endorsement.
"We require RehabScope on every rehab loan at application. It's changed what gets submitted to us — borrowers show up with better-prepared deals."
"On two deals this year, the scope review caught budget gaps that would have put the borrower underwater before the project was half done. Both loans were restructured before closing."
"The report is in every loan file now. If a deal goes sideways, we have documented evidence that the scope was independently reviewed at underwriting. That matters."
The Lender plan is designed for offices that process rehab loans at volume. Unlimited AI analyses, discounted analyst upgrades, and documentation that belongs in the file.
Unlimited Instant analyses per office, 3 user seats, priority processing, and subscriber rates on analyst-reviewed upgrades. Every report is a lender-ready PDF. Includes custom onboarding and dedicated support.
Month-to-month • No setup fee • Cancel anytime
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Set up a 20-minute demo and see how RehabScope™ fits into your draw process — at application, at underwriting, and in the file.
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