Initial Consultation:
Begin your ADU financing journey with a free consultation. Our financial advisors will discuss your needs, explore your financing options, and help you choose the best path forward. During this consultation, we will assess your financial situation and provide personalized recommendations.
Cash-Out Refinance
Leverage the equity in your home to finance your ADU project.
Replace your current mortgage with a new one, potentially extracting cash for your ADU.
Home Equity Line
of Credit (HELOC)
Access a line of credit based on the equity in your home.
Pay interest only on the amount you draw, offering flexibility in managing your project costs.
Construction or
Renovation Loan
Ideal for those with limited home equity or who prefer not to use their home as collateral.
Typically involves stricter credit and income requirements and may have higher interest rates.
Personal Savings,
401K, IRA
Use personal funds or retirement savings to finance your ADU project.
Consult with our financial advisors to understand the implications and benefits of using these resources.
ADU-Specific
Loans and Grants
Explore loans and grants specifically designed for ADU construction, such as the $20,000 Nonna Homes ADU Grant.
These options can significantly reduce your out-of-pocket expenses.
Embark on your ADU financing journey with Nonna Homes. Contact us today to schedule your free consultation and explore the best financing options for your ADU project. Our team is dedicated to helping you create a beautiful, functional, and affordable ADU that enhances your living space and meets your needs.
