The Simple Construction Loan Agreement is essential for any construction project requiring external financing in the United States. This document is used when a borrower needs funds to construct new buildings or renovate existing structures. It differs from traditional mortgages by including construction-specific elements such as draw schedules, project milestones, and contractor requirements. The agreement must comply with both federal and state-specific lending regulations, including TILA, RESPA, and local construction laws. It's particularly important for protecting both lender and borrower interests by clearly defining the terms of funding, construction requirements, and repayment obligations.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of lender and borrower with full legal names and addresses
2. Background: Context of the loan, including property details and construction project overview
3. Definitions: Key terms used throughout the agreement
4. Loan Amount and Terms: Principal amount, interest rate, and repayment terms
5. Disbursement Schedule: Timeline and conditions for loan disbursements
6. Security: Collateral and security arrangements
7. Representations and Warranties: Statements of fact by borrower regarding their situation and project
8. Events of Default: Circumstances constituting default and remedies
1. Insurance Requirements: Specific insurance coverage requirements for the construction project
2. Environmental Provisions: Environmental compliance requirements and representations
3. Change Order Procedures: Process for handling construction changes and modifications
1. Schedule A - Construction Budget: Detailed breakdown of construction costs and allocations
2. Schedule B - Construction Timeline: Project milestones and completion dates
3. Schedule C - Draw Schedule: Specific conditions and documentation required for each loan disbursement
4. Schedule D - Property Description: Legal description of the construction property
5. Schedule E - Required Permits: List of necessary construction permits and approvals
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Construction LLC Operating Agreement
A U.S.-governed legal document that establishes the operational framework and member relationships for a construction-focused LLC.
find out more
Residential Construction Subcontractor Agreement
A U.S. legal agreement between contractors and subcontractors for residential construction work, ensuring compliance with federal and state regulations.
find out more
It Project Agreement
A U.S.-governed legal agreement defining terms and conditions for IT project implementation, including scope, deliverables, and compliance requirements.
find out more
General Contractor Work Agreement
A U.S.-compliant legal agreement between a property owner and general contractor establishing terms and conditions for construction services.
find out more
Simple Website Development Agreement
A U.S.-governed contract between a website developer and client outlining terms for website development services.
find out more
Simple Residential Construction Contract
A U.S.-compliant contract between property owner and contractor for residential construction work.
find out more
Project Agreement Between Two Companies
A U.S.-governed legal agreement defining project terms and responsibilities between two companies.
find out more
Fence Construction Agreement
A U.S.-governed contract between property owner and contractor for fence construction services, including specifications, costs, and terms.
find out more
Construction Disbursement Agreement
A U.S. legal agreement governing the controlled release of construction loan funds, establishing procedures and conditions for construction draws.
find out more
Residential Construction Agreement
A U.S.-compliant contract between property owner and contractor for residential construction work, outlining project terms and responsibilities.
find out more
Project Partnering Agreement
A U.S.-governed agreement establishing terms and conditions for multi-party project collaboration.
find out more
Mining Concession Agreement
A U.S. legal agreement granting mineral extraction rights between government authorities and mining companies, subject to federal and state mining laws.
find out more
General Contractor Construction Agreement
A U.S.-governed contract between property owner and general contractor defining construction project terms and obligations.
find out more
Consortium Partnership Agreement
A U.S.-governed agreement establishing the framework for multiple organizations to collaborate in a consortium structure.
find out more
Swimming Pool Construction Agreement
A U.S.-compliant contract between a pool contractor and property owner for swimming pool construction services.
find out more
Standard Construction Agreement
A U.S.-compliant legal agreement establishing terms and conditions between property owners and contractors for construction projects.
find out more
Simple Construction Loan Agreement
A U.S.-compliant legal agreement establishing terms for construction project financing between a lender and borrower.
find out more
Program Management Agreement
A U.S.-governed contract establishing terms for professional program management services and related deliverables.
find out more
Project Specific Agreement
A U.S.-governed contract defining specific terms and conditions for project execution between parties.
find out more
Real Estate Development Joint Venture Term Sheet
A preliminary document outlining key terms for a real estate development partnership under U.S. law, serving as the basis for a formal joint venture agreement.
find out more
Business Consortium Agreement
A U.S.-governed agreement establishing the framework for multiple organizations to collaborate while maintaining their individual identities.
find out more
Project Loan Agreement
A U.S.-governed agreement establishing terms and conditions for project-specific financing, including loan terms, security arrangements, and project requirements.
find out more
Operation And Maintenance Agreement Solar Power Plant
A U.S.-governed agreement establishing terms for the operation and maintenance of solar power facilities.
find out more
Subcontractor Work Agreement
A U.S.-governed agreement between primary contractor and subcontractor defining work terms, conditions, and obligations.
find out more
Simple Construction Agreement
A U.S.-governed contract establishing terms between contractor and owner for construction work, suitable for small to medium-sized projects.
find out more
Project Joint Venture Agreement
A U.S.-governed agreement establishing a joint venture between multiple parties for executing a specific project, defining terms, contributions, and management structure.
find out more
Construction Subcontracts
A U.S.-governed agreement between general contractor and subcontractor defining terms for specific construction work execution.
find out more
Turbine Supply Agreement
A U.S.-governed agreement for the supply of industrial turbines and related equipment, including technical specifications and performance guarantees.
find out more
Project Support Agreement
A U.S.-governed contract defining terms and conditions for project support services between service provider and client.
find out more
Project Alliance Agreement
A U.S.-governed collaborative agreement establishing shared risk/reward arrangements between multiple parties for complex project delivery.
find out more
Construction Agreement Between Owner And Contractor
A U.S.-governed legal agreement between property owners and contractors defining construction project terms, responsibilities, and conditions.
find out more
Consortium Agreement Construction Project
A U.S.-governed agreement establishing terms for multiple parties collaborating on a construction project, defining roles, responsibilities, and risk allocation.
find out more
Building Work Agreement
A U.S.-compliant contract between property owner and contractor establishing terms for construction work.
find out more
Renovation Agreement Between Owner And Contractor
A U.S. legal agreement between property owner and contractor defining terms and conditions for renovation work.
find out more
Project Profit Sharing Agreement
A U.S.-compliant legal agreement that establishes terms for sharing profits from a specific project among multiple parties.
find out more
Project Implementation Agreement
A legal agreement governing project implementation terms and conditions under U.S. law.
find out more
Project Delivery Agreement
A U.S.-governed agreement establishing terms and conditions for project execution between owner and contractor.
find out more
Build Own Transfer Agreement
A U.S.-governed agreement where a private entity builds and operates infrastructure before transferring it to government ownership.
find out more
Project Agreement Between Company And Client
A U.S.-governed legal agreement defining project terms, deliverables, and responsibilities between a service provider and client.
find out more
Pilot Project Agreement
A US-governed agreement that establishes terms and conditions for conducting a trial implementation of a product or service.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)