Bank Financing Notes

EquityQuest Homes works with many banks in the Pacific Northwest. They are the lifeblood of our business and we guard our relationships with them. We work hard to obtain and maintain the status of approved General Contractor.

There are several great options for financing ADU’s:

• Cash

• Refinance with cash out at closing

• Home Equity Line of Credit

• Second Mortgage

• ADU specific construction loan programs

Because one-size-does-not-fit-all in ADU financing, we recommend using experienced brokers who have access to multiple lines of credit and lenders. Our recommendation is Matt Schiefer at 1st Security Bank. Matt has done all our personal loans and many of our client loans for the last 10 years and is my first call. We receive no incentives for this referral.

Here are some videos with additional information:

What Types of Properties Can You Finance with a Construction Loan?

Meet Matt: Your Mortgage Advisor for Long-Term Financial Success (youtube.com)

Step-by-Step Guide to the Construction Loan Process: Build Your Dream Home with Confidence!