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Updated about 8 years ago on . Most recent reply

Jeffrey K.'s profile image
Jeffrey K.'s profile image
Jeffrey K.
  • Lender
  • from Boulder, CO
  • Member since Dec 6, 2016

User Stats

53
Posts
21
Votes
Jeffrey K.'s profile image
Jeffrey K.'s profile image
Jeffrey K.
  • Lender
  • from Boulder, CO
  • Member since Dec 6, 2016
Jeffrey K.
  • Lender
  • Boulder, CO
21
Votes |
53
Posts
Buying & Selling Real Estate

Home Ready financing with ADU

Jeffrey K.
  • Lender
  • Boulder, CO
Posted

Hey I was wondering if anyone had experience with using ADU income to qualify for a home ready loan. My questions include:

Was the ADU income income just passed through the DU program or manually evaluated?

Do you have to use the ADU's income or can I live in the ADU and claim the primary houses rental income?

What are the major hurdles in trying to buy a house this way?

Thanks!!

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