For loans with a construction reserve, PeerStreet has final approval on all requested draws. PeerStreet, or the original lender, hires a third party to conduct inspections for all draw requests. Once the third party inspects the work completed by the borrower, a report is submitted to PeerStreet with a recommendation on whether or not to fund the draw. PeerStreet then reviews the report and collects either lien release or a conditional lien release for the completed work, and approves funds to be drawn.