Do you already have a home on your site and want to add an ADU (accessory dwelling unit) to accommodate guests, grown children or parent?  You can also rent it out for extra income. 

Do you want to buy a home with an ADU, but can't find one that meets you needs? Now you can find the perfect home and we can finance the building of the ADU all in the purchase price!

Michelle has over 26 years experience helping clients with their home financing needs. Teamed up with Fairway Independent Mortgage for over 10 year and with many years of experience in construction loans, we offer a special product to provide you funds to build your ADU!

​

PROGRAM HIGHLIGHTS

• Loan amounts up to the Conventional conforming loan limit as well as high balance (where available)

• Loan-to-value ratios (LTVs) up to 97%*

• Minimum credit score of 620

• Debt-to-income ration (DTI)** determined by DU

• Purchase and rate/term refinance

​

ADDITIONAL PRODUCT INFORMATION

• Rehabilitation of ADUs is allowed

• Construction of an ADU is typically an additional living area independent of the primary dwelling that may have been added to, created within, or detached from a primary one-unit dwelling

• The ADU must provide for living, sleeping, cooking and bathroom facilities and be on the same parcel as the primary one-unit dwelling

• Only one ADU is permitted on the parcel of the primary one-unit dwelling

• ADUs are not permitted with a two-to-four unit dwelling

​

​

​

​

Copyright©️ 2023 Fairway Independent Mortgage Corporation. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity. *Loan-to-Value (LTVs) and Combined Loan-to-Value (CLTVs) may vary by loan amount. **Debt-to-income (DTI) ratio is monthly debt/expenses divided by gross monthly income. Fairway Independent Mortgage Corporation is not affiliated with any government agencies. Materials are not from HUD or FHA. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License No 41DBO-78367. Licensed by the Department of Financial Protection and Innovation under the California Financing Law, NMLS #2289. Loans made or arranged pursuant to a California Residential Mortgage Lending Act License.