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Drawdown may refer to: Drawdown (economics), decline in the value of an investment, below its all-time high. Drawdown (hydrology), a lowering of a reservoir or a change in hydraulic head in an aquifer, typically due to pumping a well.
The builder will send you an invoice. Youâll then complete and sign a drawdown request form (available from your lender). Send the drawdown request form and the invoice to the construction department of your lender. The lender may require a valuation to confirm the work that has been completed so far.