Your collateral is only as sound as the
inspection record behind it.
You underwrite the borrower. You verify the appraisal. But between groundbreaking and CO, the quality of what’s being built inside your collateral is largely invisible to you. VQA closes that gap.
52%
NUCLEAR VERDICTS 2024 Construction: 4th sector.
$2B in awards.
11 days
DRAW CYCLE IMPACT
One delay cost $8K carrying + Q4 miss.
28%
Drop in annual profit across 46 contractor projects— caused directly by rework
$51M
Projected by 2033; $5.36B in 2024
Construction lending is relationship business built on assumptions. But “progress” and “quality” are not the same measurement—and the difference between them is the gap where defect claims, draw disputes, and collateral
impairment live. Vanguard QA closes that gap with ICC-certified, phase-by-phase documentation that gives you an independent quality record at every draw—not just a percentage-complete estimate.
PORTFOLIO RISK
Collateral impairment you fund without knowing
Defects concealed before you order an inspection become impaired collateral at closing. A project that can’t close at full appraised value leaves your loan underwater—not because of market conditions, but because of what was built inside the walls you financed.
VQA SOLUTION
Pre-drywall gate
documentation
VQA’s MEP rough-in inspection—before walls close—is the only window to document what’s inside the collateral. ICC-certified, timestamped, photographed. Your draw package includes a quality record, not just a progress estimate.
DILIGENCE RISK
Draw disbursement without
independent verification
Releasing funds based on borrower’s self-reported progress can be characterized in litigation as “enabling defective work.” Documentation of what you knew and verified before each disbursement is your defense.
VQA SOLUTION
Lender-ready draw
verification reports
VQA gate reports are structured for underwriting review. Each documents phase completion, quality compliance, and open items before draw approval. Your file shows independent verification, not assumption.
UNDERWRITING PAIN POINT
Escrow reserves that can’t be
justified—or released
The mechanism that converts single-home claims into class actions is pattern discovery—same sub, same phase, same defect across multiple units. Underwriters have no visibility until plaintiffs’ counsel surfaces it. By then, one GL policy has become multiple.
VQA SOLUTION
CAPA documentation by trade and phase
VQA’s gate record creates the empirical basis for tiered contingency structures. Clean documentation justifies releasing reserves earlier—better terms for good borrowers, differentiation for you.
The protection opportunity:
Lenders who embed VQA as a draw condition are building a competitive moat. Write third-party ICC-certified inspection into your loan covenant now—and you become the lender that better borrowers want to work with. Your portfolio carries a quality record your regulators, auditors, and insurance carriers can see. That’s not overhead. That’s underwriting intelligence.
WHAT VQA PRODUCES — AND WHAT IT MEANS FOR YOUR BOOK
Timestamped documentation
Every report is dated, photographed, and filed—a litigation-ready record before any dispute surfaces.
Underwriting-structured reports
Reports formatted for carrier review, not field notes. Supports your file review, renewal underwriting, and loss control requirements.
ICC-certified phase inspections
Independent, credentialed sign-off at foundation, framing, MEP rough-in, envelope, and final—not self-certified completion.
FAA Part 107 drone verification
Aerial documentation of building envelopes and rooflines—the highest-frequency source of water- intrusion claims—before finishes conceal the work.
CAPA records by trade
Reports formatted for carrier review, not field notes. Supports your file review, renewal underwriting, and loss control requirements.
Portfolio-level risk differentiation
For carriers writing multiple projects under one builder: VQA data creates a documented quality baseline across the insured’s entire book of work.
Home Builder Association Member
Park City Area · Utah Valley · Salt Lake City · Northern Wasatch · Southern Utah
Built on proof.
(801) 364-0880