What financing options are available to me
for purchasing a modular prefab ADU?
Here are ways that many of our clients finance their California Modular ADU projects:
Since the cost of an ADU isn’t as much as building a new home, most of our clients pay cash which is the easiest and fastest method.
A large percentage of our clients get a “Heloc” or “Home Equity Line of Credit” to finance their Accessory Dwelling Unit.
Private financing is something that is not uncommon, borrowing money from family to build the ADU is also an option.
Here are 4 lenders that you can talk to and discuss your financing options. You can call the one closest to you, whichever one strikes your fancy, or all of them.
Randall Lee Nixon
Mortgage Loan Originator
NMLS # 256946
OneTrust Home Loans
Mobile: (619) 954-7816
Office: (858) 429-4654
3838 Camino Del Rio North, Suite 305,
San Diego, CA 92108
or
Will Johnson
Construction Loan Broker
ADU Financing Specialist
NMLS #2109577
Mobile: (619) 295-9455
Office: (833) 946-5005
DRE #02207239
or
Gail Anderson’s Real Estate & Loans
807 Cumberland Drive
Pleasant Hill, CA 94523
Direct: (925) 519 2437
Dre 00806363
NMLS281535
or
Ricardo Ramos
Non producing Branch Manager
NMLS 259643
Supreme Lending
Phone: (510) 501-5185
Office: (800) 600-6326
ricardo.ramos@supremelending.com
2936 Hilltop Mall Rd
Richmond CA 94806
or
Adam Radmand
VP, Renovation and Construction Lending
NMLS 1023104
New American Funding
Phone : (949)791-3777
Office : (800)450-2010 X 54151
1 MacArthur Pl, Suite 800
Santa Ana, CA 92707
California Prefab Modular ADU Financing Options - Modular Homes CA