New Financing Option for ADUs?

[Brian Garlington]

As a Realtor here in the East Bay Area the topic of ADU's comes up all the time. It's no secret that one of the biggest obstacles to building Accessory Dwelling Units can be financing. As a big proponents of ADUs, I was excited to recently read about a potential new way to secure financing for an ADU from Fannie Mae. The HomeStyle Renovation Mortgage allows you to buy a 1-4 unit property and finance renovations (including ADUs) all with one loan. Read about it more in the Forbes article below.

https://www.forbes.com/advisor...