How to Finance an ADU or In Law Suite 2020
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4 жыл бұрынCurious of how to finance an ADU or In Law Suite? Tim Alatorre, Principal Architect of Domum explains all.
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@WillJohnsonSD_Inspector 2 жыл бұрын
Renovation loan are also an option that can creates a larger construction budget.
@terryn9450 3 жыл бұрын
You're putting out some quality content. I'm surprised that there's not more views
@brittanygreenfield2588 4 жыл бұрын
What if I want to build add an adu onto a home I am purchasing? Is it possible to take one mortgage that covers the cost of the home purchase plus the cost of the adu addition?
@Domum 4 жыл бұрын
You'll want to talk to your lender. Typically you would purchase the home, get a separate construction load or HELOC (Home Equity Line of Credit) for the ADU construction and then refinance.
@nicolejanssens2165 3 жыл бұрын
how long are the terms for construction loans?
@Domum 10 ай бұрын
I would consultant a loan officer to provide that option. This depends on what you qualify for.
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