Four ways people fund these.
We’re builders, not lenders, and this page stays in its lane: the categories homeowners actually use, so you can walk into a lender conversation knowing the vocabulary. Rates, terms, and which fits you come from your lender.
HELOC
A line of credit against the equity in your existing home. You draw as the build progresses. Common when there's meaningful equity and the owners want flexibility.
Cash-out refinance
Replace your current mortgage with a larger one and take the difference in cash. Makes the most sense when the numbers on your existing loan make a reset worthwhile.
Construction loan
A loan built for building: funds release in draws as stages complete, then it typically converts or gets refinanced when the ADU is done.
Renovation loan
Mortgage products that lend against the value of the property after the improvement, not before it. Worth asking lenders about by name.
Lenders want one thing from us: the number.
A written, scoped quote is what turns a lender conversation real. That starts with the free lot check.