ADU Income now accepted!

[Khaled Morad]

Did you know that FNMA is now going to accept ADU income? Previously, you could not treat an ADU like a second unit with income to offset your PITIA.

Just wanted you to know! That's huge for places like Florida. There is a catch, your LTV is limited to 85% Wich normally could go much lower on a single family.

Realtors and investors, do you add value to the property if it has an ADU when considering an offer or comparing homes?

(FNMA = Fannie Mae, think conforming loans; ADU = additional dwelling unit. For example: MIL/Mother in Law Suite)