Understanding Your Loan Readiness Score

How the 100-point score works, the 6 scoring categories, and how to improve your score.

How it actually works

The score is seven checks. Each is worth the same. The score is the number complete divided by seven, shown as a percentage.

| Row on the card | Counts as complete when | Fix it on |
|---|---|---|
| Detailed budget entered | Five or more priced budget items | **Budget** |
| Draw schedule defined | Two or more draw stages with lines assigned | **Draw Schedule** |
| Project timeline defined | Three or more tasks | **Schedule** |
| Trades / vendor list added | Vendor insurance coverage reaches OwnerDraw's halfway mark | **Vendors** |
| Contingency included | Contingency lines are 3% or more of the budget | **Budget** |
| Supporting documents uploaded | Four or more of the ten documents uploaded | The **Supporting Documents** card |
| Owner capability profile completed | The capability summary is saved | The capability card |

Selecting a row takes you to the page that fixes it. For the last two rows — which sit further down the same page — you currently need to scroll down yourself.

What 100% means

It means OwnerDraw found nothing missing from **its own list**. That is all.

• It is not lender approval, and no lender sees this number.
• It is not proof that your bank's requirements are met.
• It is not a judgement that your budget is realistic or your schedule achievable.

The thresholds above are OwnerDraw's prompts to get you organised, not industry rules. Ask your lender for their document checklist and work to that as well.

What the score unlocks

**Generate Loan Packet PDF** stays greyed out until all seven rows read **Complete**. That is the only thing the score controls inside the app.

**Verification note.** The checks, thresholds and the disabled-button rule were read from the current Bank Ready and readiness-score code, and the card was opened in the running app. The scroll limitation on the last two rows was confirmed by code inspection.