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Financing Options for Your ADU Project

Making Your ADU Dreams a Reality

At EG Modern Construction, we understand that building an Accessory Dwelling Unit (ADU) is a significant investment. To help make your dream a reality, we offer a range of financing options tailored to fit your needs. Our goal is to provide you with flexible and accessible financing solutions that simplify the process of building your ADU.

Comprehensive Financing Solutions

 

1. Home Equity Line of Credit (HELOC)

Leverage the equity in your home to finance your ADU project. A HELOC allows you to borrow against the equity you have built up in your property, offering competitive interest rates and flexible repayment terms.

2. Construction Loans

Designed specifically for building projects, construction loans provide funds based on the estimated value of your completed ADU. These loans typically have short-term durations and are converted to permanent mortgages once construction is complete.

3. Personal Loans

For those looking for an unsecured financing option, personal loans can provide the necessary funds without using your home as collateral. These loans are based on your creditworthiness and often come with fixed interest rates and terms.

4. Government Programs and Grants

Explore local and state programs designed to encourage ADU construction. These programs may offer grants, low-interest loans, or other financial incentives to help offset the cost of building your ADU.

Partnering with Professional Loan Officers

We work closely with a team of professional loan officers who are dedicated to helping you navigate the financing process. Our loan officers are experienced in ADU financing and will work with you to:

  • Understand your financial situation and goals.

  • Explain the different financing options available.

  • Assist in securing the best loan terms for your project.

  • Guide you through the application and approval process.

Get Started Today

 

Building an ADU is a smart investment that can enhance your property value and provide additional income or living space. Let EG Modern Construction help you find the right financing solution to get started on your project.

Contact us today to schedule a consultation with one of our loan officers and explore the financing options that best suit your needs.

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​ Burbank, California
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