The Importance of a Construction Loan

This week on All About Your Home, we had Julie from UnitedOne Credit Union. Julie talked about the importance of getting preapproved for the maximum amount of approval for a construction loan. Within this topic, she talked about what is needed for preapproval and how the loan works. After the break, Julie discussed how UnitedOne Credit Union offers a one-time construction loan which saves on closing costs and why to choose a general contractor versus doing all the work by yourself.