Financing Your MyKabin DADU
You’ve Got DADU Financing Options
There are many ways to pay for an ADU, depending on your financial position and how you’re planning to use the completed home. MyKabin’s lending partners offer multiple ADU loan options that do not require you to refinance your existing mortgage, with easy online prequalification – talk to your sales representative or contact us for additional information.
HELOC
For homeowners with equity in the property. Among the easiest & most common financing methods we see.
RENOVATION LOAN
Intended specifically for home remodel, addition, and ADU projects.
CONSTRUCTION LOAN
Construction loans through banks or private lenders. Can add some complexity and cost to project management.
CASH
By far the simplest approach, if you’re able to do it.
CASH-OUT REFINANCE
Another way to use existing equity to finance an ADU.
HECM REVERSE MORTGAGE
For seniors, an HECM can allow you to withdraw some of your home’s equity.
Build a DADU in Your Backyard
We’ll send you a no-obligation feasibility assessment to see if your Seattle-area property can accommodate a DADU.
We will never spam, sell, or share your personal information with any third party (we hate that too).
Interested in something else related to DADUs, Backyard Homes or Granny Flats? Give us a call or send us an email.
(425) 643-9124
sales@mykabin.com