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Jo-Ann Lapin
Pro Member
  • Loan Officer
  • Tustin, CA
711
Votes |
3,402
Posts

Private Money for ADU Financing

Jo-Ann Lapin
Pro Member
  • Loan Officer
  • Tustin, CA
Posted May 19 2022, 10:19

Accessory Dwelling Unit
(ADU) Financing

Need funding for an ADU (accessory dwelling unit)? We provide financing options for accessory dwelling units placed on a property with an existing dwelling (Single-Family or Multi-Family Residence) that is non-owner occupied, built for spec, or held for investment purposes.

ADU Program Highlights

This program provides financing for Accessory Dwelling Unit construction on non-owner-occupied properties when the ADU will be used as a rental or is built for spec.

  • Business Purpose ONLY
  • 1st TD or 2nd TD
  • 65% LTV/CLTV (AS IS) w/20% Holdback
  • After Repair Value (ARV) w/Fund Control
  • Can utilize equity from other properties to qualify
  • Loan amounts from $35k+
  • Junior Accessory Dwelling Units (JADUs) case-by-case
  • City/County ADU zoning/ordinances and state laws apply.

We are qualified, experienced, and understand the specifics of ADU lending and can best serve your ADU financing needs.

Have a Question or Loan Scenario?

Call Today 714-838-1474 ext. 102 or email

back with your scenarios or questions.


We provide financing for transactions that don't fit a typical bank model, without the crippling fees of traditional private money.


Jo-Ann Lapin | MLO/AE

714.838.1474 ext. 102

[email protected]

CA DRE License ID: 01203203

NMLS I.D. Number: 258823


Copyright © 2022 Hanover Mortgage Company.
California Department of Real Estate, real estate broker license #01410448.
NMLS I.D. number: 337458

Disclosure: All loans are made in compliance with Federal, State, and Local Laws. High-cost loans are not allowed. Program features and services are not available in all areas. Rates and programs are subject to change without notice. This is not a commitment to lend.

Offering