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We assist families build a clear road map to successful home ownership which ultimately helps them live in their dream home and grow wealth.
10/19/2023
**Exciting News for Home Buyers!** 🏡
Big news, home buyers! HUD and FHA have exciting updates for you!
**What's an ADU?** 🏠
ADU = Accessory Dwelling Unit. It's like a mini-house on your property that you can rent out!
**Why's This a Big Deal?** 🚀
Here's the scoop: Lenders now consider ADU rental income, making FHA financing accessible to more people! Great for first-time buyers, seniors, and dreamers of generational wealth. 🏆🏡
**Why Does This Matter?** 🇺🇸
It supports the mission to boost housing supply and homeownership accessibility.
**What's New?** 🔄
1. You can use 75% of ADU rental income to qualify for an FHA mortgage.
2. Planning a new ADU? Use 50% of estimated rent to qualify.
3. Appraisers have fresh guidelines for ADU property valuations.
4. ADUs now count in FHA mortgages for new construction. 🏗️
**When's It Happening?** 📅
Right now! FHA-approved lenders offer ADU-friendly mortgages. Ready for a home with an ADU? These changes make financing a breeze. Happy house hunting! 🎉🗝️
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07/04/2023
Sparkling skies, freedom vibes and red white and blue. Wishing you all a star spangled Fourth of July. 🎇🎇
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