Financing Your ADU: What You Need to Know

Financing Options for ADUs
Financing an Accessory Dwelling Unit can be a straightforward process if you understand your options. Homeowners can consider various financing methods, including home equity loans, personal loans, or construction loans. It's crucial to evaluate your financial situation and choose the option that best fits your budget and long-term goals.
Considerations for Financing
Before proceeding, assess the potential rental income from the ADU, as this can significantly impact your ability to repay loans. Additionally, consult with a financial advisor to explore the best financing strategies tailored to your needs.