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HomeForumsBuying & Selling Real EstateHome purchase loan and Home style for ADU build
David Maldonado's profile image
David Maldonado's profile image
David Maldonado
  • Rental Property Investor
  • from Santa Maria, CA
  • Member since Feb 6, 2019
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156
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David Maldonado's profile image
David Maldonado's profile image
David Maldonado
  • Rental Property Investor
  • from Santa Maria, CA
  • Member since Feb 6, 2019
Connect
David Maldonado
  • Rental Property Investor
  • Santa Maria, CA
80
Votes |
156
Posts
Buying & Selling Real Estate

Home purchase loan and Home style for ADU build

David Maldonado
  • Rental Property Investor
  • Santa Maria, CA
Posted Jul 2 2024, 22:58

Hi everyone,

I am planning on purchasing another home to househack and I would like to build an ADU ASAP after closing on the house. I've read that with the homestyle loan, an ADU can be built and the funds from the homestyle loan will be added on top of the home purchase loan.

The ADU will offset a big chunk of the mortgage.

Anyone go this route? 


Does anyone know or any lenders that offer this?

thanks!

San Luis Obispo, California
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