Is this HomeStyle or FHA 203(k)?

Name: Francisco Williams — Mortgage Broker
Address: 552 E Badillo St, Covina, CA, 91723, US
Telephone: (213) 880-8107
Price range: $$

Those are consumer renovation loans on /adu-financing. This program is business-purpose ADU construction with draws. Terms at lock.

Private Money

ADU Construction (Private)

Business-purpose ADU vertical build with milestone draws. HomeStyle and FHA 203(k) stay on regular financing. Terms at lock.

Available throughout Southern California through Francisco Williams, CCIM, NMLS #1858674.

Apply for this program (213) 880-8107

Ideal borrower

Investors building a rental ADU a bank renovation loan will not fund.

Program highlights

Milestone construction draws
Rental / investment ADUs
Not a CalHFA grant
Not an Elite Fundings consumer 30-year

Typical uses

Rental ADU vertical build
Investment ADU when HELOC will not fund

Frequently asked questions

Is this HomeStyle or FHA 203(k)?: Those are consumer renovation loans on /adu-financing. This program is business-purpose ADU construction with draws. Terms at lock.

Program details shown are representative guidelines and subject to individual lender overlays and CFPB / agency requirements. Rates shown are illustrative and subject to change without notice. Actual rate, APR, and terms will depend on creditworthiness, loan-to-value, property type, occupancy, loan amount, loan program, and other factors. Not all applicants will qualify. This is not a commitment to lend; all loans are subject to credit approval, income and asset verification, and property appraisal.