The MOST Common Method of Distributing Funds Provided by a Construction

Multiple Choice

The MOST common method of distributing funds provided by a construction loan is a:

A) Single lump sum of money at the closing of the loan
B) Single lump sum of money at the end of the construction project to reimburse the developer for the project's expenses and profit
C) Series of payments throughout the construction project to reimburse the developer for costs incurred since the previous payment
D) Series of payments throughout the construction project to reimburse the developer for anticipated expenses in the upcoming period