An Accessory Dwelling Unit (ADU) can increase your property value and generate passive income. From HELOCs* to flexible second mortgages to hassle-free personal loans**, our wide range of financing solutions can help make it happen.
We also offer a variety of Renovation Mortgage programs as well. These options include:
- FHA 203(k) Renovation - Limited & Standard
- Fannie Mae HomeStyle Renovation
- Freddie Mac CHOICERenovation
- VA Renovation
With our Renovation loan programs, you can use the higher Subject To Appraised value to finance your ADU. This allows our Renovation loan programs the ability to tap into the improved value of your home vs the current appraised value.
An ADU can have a wide range of uses or fit a variety of needs. For some, it can be a great way to earn additional income to help offset the mortgage payment. We do offer some mortgage programs that will allow the use of Rental Income from the ADU to be used as Qualifying Income for the mortgage. This can help a Buyer potentially qualify for a higher priced home.
An ADU is also a great option for multi-generational living as well. It can be a cheaper option than Assisted Living while allowing a family member to remain more independent. Having an ADU can also provide more affordable housing for a family member while allowing them to still live separately in their own space. With today's housing affordability issues, an ADU can be a great tool to leverage home ownership.
An ADU can have a wide range of uses or fit a variety of needs. For some, it can be a great way to earn additional income to help offset the mortgage payment. We do offer some mortgage programs that will allow the use of Rental Income from the ADU to be used as Qualifying Income for the mortgage. This can help a Buyer potentially qualify for a higher priced home.
An ADU is also a great option for multi-generational living as well. It can be a cheaper option than Assisted Living while allowing a family member to remain more independent. Having an ADU can also provide more affordable housing for a family member while allowing them to still live separately in their own space. With today's housing affordability issues, an ADU can be a great tool to leverage home ownership.
Do you need funding to add an ADU to your home? I can personally assist with all your mortgage needs in AL, AR, AZ, CA, CO, FL, GA, IN, MI, MS, NC, NV, SC, TN, TX, VA & WA. Members of my team can assist with all other states plus DC. 🏘️ https://tinyurl.com/58xepsmy
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