Financing

Financing Options Breakdown

Building an ADU can be a major investment, but with the right financing option, your dream space is more attainable than ever. Our team is here to help you find the best solution that fits your needs and financial situation.

A HELOC is the most popular financing option for ADU projects. It allows you to borrow against the equity in your home, with a draw period and a repayment period. You’ll only pay interest on what you borrow, making it a flexible and affordable solution.

No Equity? No Problem! This loan allows you to borrow the money upfront to build your ADU. After the unit is built, you can pay off the loan with a cash-out refinance or HELOC based on the new value of your property.

Unlock Your Equity - This option allows you to refinance your existing mortgage and use the equity to pay for your ADU. It’s a great option for homeowners with significant equity and favorable interest rates.

For homeowners with less equity or those who prefer not to use their home as collateral, a renovation or construction loan may be the right fit. These loans have stricter requirements but offer a non-equity-based solution.

Learn More About Our Financing Solutions

Additional financing options include personal loans, using retirement accounts, private money loans, or borrowing from family and friends. Our financing experts will help you explore all possible avenues to find the best solution for your needs.