Accessory Dwelling Unit: Convert a basement, attic, garage, or building into a new separate unit on the property.
You can build an accessory dwelling unit using a conventional or FHA renovation loan!
Many municipalities now encourage the addition of accessory dwelling units as a way to address our lack of inventory.
We’ve completed approximately 40 of these in the last year, with many borrowers converting a basement, attic or garage or building a new separate unit on the property. We’ve even done one as a modular that was built in a factory and delivered to the site!
The design & approval process is pretty easy using a simple set of architectural drawings.
If you have a potential scenario give us a call, we’ll show you how to get it to the closing table quickly and painlessly.
