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
If you do not currently have a lender that you are working with, we have a great working relationship with Matt Schiefer at 1st Security Bank. Matt is familiar with all the best ADU financing options and is also familiar with our Collaborative Building approach.
Matt Schiefer
1st Security Bank
Phone: 360.259.6990
Email: matt.schiefer@fsbwa.com
Web: www.schiefergroup.com