ADU Seminar

What is an ADU?

Accessory Dwelling Units (ADUs) are a specialized type of construction loan. They allow you to expand your current living space by either building an in-law suite or converting living space you already have.

An ADU can be used as a safe and comfortable independent living space for aging parents, a first “apartment” for adult children or as a rental space to help you earn passive income.

When housing inventory is low, the price of new property is high, and you need a safe place to house aging family members, an ADU is a great option to help you take care of what matters most.

Call it an in-law suite loan, a tiny home loan or an ADU loan. We call it an excellent way to make more of your home!

What are the uses and benefits of building an ADU?

• Often more affordable than purchasing new property
• Customizable to your family’s needs
• Allows you to keep loved ones close by
• Provides an additional living space for potential rental income
• Increases property value
• Creates additional housing during a housing crisis

Single Closing Loan

• Pay interest only on construction costs as they are drawn during the construction phase.
• No need to close again, upon construction completion, your construction loan will change to a traditional loan.
• After the transition to a traditional loan, you will still maintain the great rate and term you originally had.