Sweep 01 · Construction
Draws that don't wait on a courier
Inspection to disbursement inside one ledger. Retainage, lien waivers and conditional releases tracked per line item, not per email thread.
The clearing platform that replaces legacy escrow — every dollar held by a neutral third party, every file cleared at zero fee, every wire released the same day.
Three sweeps. Each one is a file type escrow companies price as an exception — and PHOCIS clears as the standard.
Inspection to disbursement inside one ledger. Retainage, lien waivers and conditional releases tracked per line item, not per email thread.
Impounds held and managed by PHOCIS Tech© as your neutral third party, in FDIC-insured clearing accounts, with a statement your auditor can read.*
Split payoffs across positions and states without a second settlement agent, a second fee schedule, or a second week.
Five stops from funding to release. Nothing leaves the ledger unaccounted for.
Six escrow structures plus a cross-border waitlist — all held and managed by PHOCIS Tech© as your neutral third party, all cleared at zero fee.
Corporations, LLCs, partnerships and funds. PHOCIS does not open escrow for individual consumers.
Accounts are opened against a specific transaction — a loan, a payoff, a build, an acquisition.
Entity documents and transaction records are reviewed before funding. Your specialist walks you through what applies.
Four lanes. Pick yours and the questions change to match.
Private, bridge or balance-sheet. Put payoff funds, reserves and post-close capital to work between closings.
Start lender intake →Fund your own builds and clear your own draws — no fee to move your own money.
Start developer intake →Retainage, draws and reserves you're owed, held by a neutral third party instead of someone else's balance sheet.
Start contractor intake →Capital deployed into real estate credit. Segregated custody, per-file traceability, full visibility.
Start intake →Clearing is free on every rail. What changes is what the balance does while it waits.
Available on Rail 03 — Guaranteed Contractor Pay. Standard underwriting and draw-approval rules apply.
Every dollar your bank holds at 0% is a dollar PHOCIS could be turning into yield. Drag the slider. The number on the right is your money — at a fixed 1.0% APY, paid monthly.
Fixed rate · paid monthly · not adjustable. Annual APY ÷ 12 months.
↳ Yields are illustrative. Actual revenue depends on PHOCIS configuration, balance tier, and Treasury rates. Earning on float requires a $5.0M minimum balance maintained for 3 consecutive months. Speak with our team for current quotes.
Same custody. Same access. The only change is who keeps the yield.
That's a quarter-million dollars over five years for changing where your money sits. We'd like to help you take it back.
Capture your yield →PHOCIS exists because legacy real estate banking has four structural failures that compound every closing, every draw, every exchange. Solving any one would matter. We solve all four.
$280B lost to slow construction payments in 2024. Lenders earn 0% on held funds. Hundreds of billions in real estate escrow sit dormant across the U.S. at any moment.
PHOCIS pays yield monthly and accelerates disbursement to same-day.
2026 wire fraud no longer attacks the IOLTA — it attacks the wire instructions mid-thread between the lawyer and the lender's operating account. Funds in non-custodied accounts are the soft target.
PHOCIS funds live in Wells Fargo custody. Wire instructions never exposed to email interception.
California CTAPP Rule 2.5 tightened IOLTA reconciliation but left held-funds untouched. 1031 QIs remain federally unregulated. State rules drift apart.
Our 50-State Compliance Engine™ refreshes daily. One platform. One source of truth.
E&O and crime carriers increasingly exclude losses where funds sat in non-custodied operating accounts. Coverage now requires regulated custody — Wells Fargo, BNY, or equivalent.
PHOCIS gives you Wells Fargo custody by default — and adds $250K of audit coverage per lender on top.
Where the money sits, who can see it, and what stands behind it.
Client funds are held in clearing accounts at Wells Fargo Bank N.A., managed by PHOCIS Tech© as neutral third party.
One subaccount per file. Every dollar traceable to the transaction it belongs to.
Applies as noted, subject to account titling and recordkeeping requirements being met.
Documents, disclosures and fund-handling posture checked against the rules of the state before an account opens.
Every approval and release recorded and exportable in one click. Statements archived seven years.
Data encrypted in transit and at rest.
Escrow was built when a file moved by courier and a wire took a week. The money still moves that way, and every day of drift costs the lender who funded it. PHOCIS was founded by financial engineers, compliance experts and escrow-industry veterans — led by a United States Marine who knows that discipline, speed and integrity aren't values you list on a website. They're the only way forward.
*Property taxes and insurance are not monetizable in CA, TX, NV, or FL. Earning on float requires a $5.0M minimum balance maintained for 3 consecutive months. Funds are held and managed by PHOCIS Tech© as a neutral third party in FDIC-insured clearing accounts. General information only, not an offer or a guarantee of returns.