Low Monthly Financing for Your ADU

Fast, Easy, ADU Financing. Explore a loan that fits you.

Your Loan Information

$

Loan Amount:

-

Loan Terms:

36 mo

48 mo

60 mo

72 mo

FICO Score:

Rebuilding
< 640

Fair
641 - 699

Good
700 - 749

Excellent
750 - 850

Your Personal Information

Our Happy Clients!
Sarah H.
★★★★★
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Working with ADU Builder was a fantastic experience from start to finish. Their team was highly professional, attentive to detail, and delivered an outstanding ADU for us. They exceeded our expectations in terms of quality and craftsmanship. We highly recommend ADU Builder for anyone looking to build an accessory dwelling unit in Los Angeles.
John D
★★★★★
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I cannot speak highly enough about the team at ADU Builder. They were incredibly knowledgeable, patient, and dedicated to ensuring that our ADU project was a success. From the initial consultation to the final construction, they were transparent, responsive, and delivered exceptional results. The finished ADU exceeded our expectations, and we couldn't be happier with the entire process. Thank you, ADU Builder!
David L.
★★★★★
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ADU Builder delivered exceptional service and craftsmanship throughout our ADU project. Their attention to detail and commitment to customer satisfaction were evident in every aspect of the construction process. The team was responsive, communicative, and worked seamlessly to bring our vision to life. We couldn't be happier with the end result, and we wholeheartedly recommend ADU Builder to anyone considering an ADU construction in Los Angeles.
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Financing Your ADU in Los Angeles,
California: Options, Rates, and Terms

Building an Accessory Dwelling Unit (ADU) in Los Angeles, California can be an excellent way to maximize your property’s potential and create additional living space. However, the cost of constructing an ADU may require financial planning and assistance. In this guide, we will explore various financing options, including their rates and terms, to help you make an informed decision.
Click on the next buttons to see more information about financing options, terms and rates.
Personal Savings
Home Equity Loans and Lines of Credit
Construction Loans
Other Financing Options

Personal Savings

Using personal savings is the simplest and most straightforward option for financing your ADU. If you have accumulated savings, you can invest them in your ADU project without incurring additional costs or debt. However, it’s important to carefully assess your financial situation to ensure that using personal savings won’t negatively impact your emergency fund or other financial goals.

Construction Loans

If you don’t have sufficient equity in your home or prefer a separate loan for your ADU project, construction loans are another viable option. Construction loans provide financing specifically for building or renovating a property. They typically have higher interest rates than traditional mortgage loans and require a detailed construction plan.

As of 2023, construction loan interest rates range from approximately 4.5% to 7%. These loans have variable terms but are typically short-term, lasting 6-12 months. Once the construction is complete, you may have the option to convert the construction loan into a traditional mortgage or refinance the loan.

Other Financing Options

Aside from the options mentioned above, you may explore additional financing options, such as personal loans, credit cards, or even crowdfunding. However, it’s important to consider the interest rates, terms, and potential risks associated with these alternatives. Personal loans and credit cards typically have higher interest rates than home equity or construction loans, and crowdfunding success can vary.

Home Equity Loans and Lines of Credit

If you have significant equity in your existing home, you can leverage it to obtain financing for your ADU project through home equity loans or lines of credit. These options allow you to borrow against the value of your home. Home equity loans typically provide a lump sum, while lines of credit allow you to access funds as needed.

Rates and terms for home equity loans and lines of credit may vary depending on your creditworthiness, the lender, and market conditions. As of 2023, interest rates for these loans range from around 3.5% to 6%, and terms can extend up to 30 years. It’s advisable to shop around and compare offers from multiple lenders to secure the most favorable rates and terms.