This Week’s Hot Topic: ADU Financing Breakthrough
FHA (Federal Housing Administration) just announced a new policy that will make it easier to buy or refinance a house with an ADU (Accesory Dwelling Unit), or build a new ADU. Darren and Joe share the news and comment on what this breakthrough policy means for affordable housing and the consumer.
Last Week’s Topic: 5% Down For Units
Darren and Joe spread the news on Fannie Mae / Freddie Mac down payment changes for units. If you’re an owner-occupant, you can put down as low as 5%. For first-time home buyers this may open up the idea of considering units.
More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate
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