Did you know that Freddie Mac’s CHOICERenovation® Mortgage is allowing rental income from an ADU?
It’s an exciting opportunity to discuss with Realtors® and borrowers – especially in today’s challenging market.
It’s an exciting opportunity to discuss with Realtors® and borrowers – especially in today’s challenging market.
- Borrowers may purchase a home, build an ADU [Accessory Dwelling Unit] and use the rental income from the ADU to qualify
- Borrowers may also refinance and use the ADU rental income – either from an existing ADU or a newly-built ADU
Let us know if we can run a loan scenario for you. Or contact us for more information and ideas on how to get the conversation started with Realtors and/or borrowers. Contact Plaza Home Mortgage® at hereforyou@plazahomemortgage.com.
View Snapshot:
