1. The typical method of distributing proceeds available from a construction loan is a:

   		Single lump sum of money at the closing of the loan
   		Single lump sum of money at the end of the construction project to reimburse the developer for the projects expenses and profit
   		Series of payments throughout the construction project to loan the developer for costs incurred since the previous payment
   		Series of payments throughout the construction project to reimburse the developer for anticipated expenses in the upcoming period