**ATTENTION TACOMA** ADU/DADU Financing is now Available!
In this blog post, we will describe how you can finance an ADU/DADU build when either purchasing a new home, or adding one to your existing home.
Have you been dreaming of adding extra living space? Do you need space for family or want additional income? An Accessory Dwelling Unit (ADU) or a Detached Accessory Dwelling Unit (DADU) might be just the solution. Conventional (FNMA Homestyle® Renovation, or Freddie Mac CHOICERenovation) and FHA 203(K) Standard loan programs now offer you the ability obtain financing to build your additional unit. This is the perfect solution for homebuyers and primary resident owners to build an ADU or DADU on the property of their residence.
My name is Tucker Maxwell, and I work with Guild Mortgage and service the greater Seattle and Tacoma area. I am so excited to be able to help people grow passive income, or add onto their homes with financing. While the benefits of adding an ADU are plentiful (and definitely more affordable than purchasing a rental property), the cost can range drastically, and is sometimes out of reach for people. With the ability to finance your build, now the dream of adding an additional dwelling unit on your property is more achievable than ever.
If this interests you, I’m happy to setup a phone call or zoom meeting to discuss the logistics. We would run an application, similar to if you were purchasing a home. Alternatively, we can explore Home Equity Conversion Mortgages (HELOANS) or Home Equity Lines of Credit (HELOCS) to obtain additional funding for your build out. (*Specific guidelines apply to these programs.)
The combination of Laura Anderson’s expertise in building ADU’s and these loan programs combine for a winning strategy to build this additional space. Inquire with me today to explore your ADU/DADU loan options.
Written by:
Tucker Maxwell
Senior Loan Officer | NMLS #1710674
150 120th Ave. NE, Suite 300 Bellevue, WA 98005
O: (425)945-8002 | M: (425)757-9202 |
E: tmaxwell@guildmortgage.net
Company NMLS #3274
