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re: construction loan advice
Posted on 9/17/11 at 6:02 am to WHATDOINO
Posted on 9/17/11 at 6:02 am to WHATDOINO
I spoke with a manager from Chase yesterday and she said Chase doesn't even do construction loans any longer. I'm currently getting bids now and am hoping I won't have alot of trouble getting a construction loan through the credit union. When I purchased the lot, I went ahead and got approved for the amount I thought it was going to cost to build.
1
Posted on 9/17/11 at 9:59 am to guttata
Don't blame Chase one bit. Get a builder who can do it turnkey and get a conventional loan. It will come out cheaper.
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