A Cheque requisition can also be attached to a vendor invoice where it is necessary to alert Accounts Payable of any special instructions pertaining to that invoice, such as special mailing instructions or special payment requirements (ie wire transfers).
To get more traditional mortgage loans, your credit scores need to get above the 620 to 640 range. If you want to get the best interest rates, you need to raise your credit score into the 740+ credit score range.
Your credit history and score also factor into the decision. Ample income isn't enough to obtain a construction loan. Loan companies have specific credit requirements, and the higher your credit score, the better. Aim for a credit score of 680 or higher if you need a construction loan up to $417,000. For loans that exceed this amount, you need a score of 700 or higher. You can order your own credit score from Myfico.com. If your credit does not meet a construction lender's minimum requirement, take steps to improve your score.