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Search resuls for: "Ryan O'Connell"


3 mentions found


☆ Financing a tiny home just got easier. Here's why.
  + stars: | 2023-10-18 | by ( Kelsey Neubauer | ) www.businessinsider.com   time to read: +4 min
A change in housing finance policy will make it easier for people to build ADUs. AdvertisementAdvertisementIt just got easier for many homeowners to build a tiny home on their property. Ryan O'Connell and Jakota Rivas, a California ADU grant recipient, in front of her ADU in California. Cities across the country — in red and blue states alike — have passed legislation that makes it easier to build. Laws like this, and a similar congressional bill, will help middle class homeowners build an ADU with more financial ease.
Persons: Fannie Mae, Freddie Mac, It's, —, Fannie, Freddie, Ryan O'Connell, O'Connell, Jakota Rivas, Eric Santucci, he's, Bill Organizations: Service, Administration, FHA Locations: California, Los Angeles, . California , Vermont, New York
☆ Want to build a tiny home in your backyard? Here's how you can finance it.
  + stars: | 2023-10-02 | by ( Kelsey Neubauer | ) www.businessinsider.com   time to read: +7 min
Backyard tiny homes, called ADUs, are becoming increasingly popular. AdvertisementAdvertisementBackyard tiny homes, called accessory dwelling units or ADUs, are becoming more popular as some state and local governments roll back zoning restrictions. That's because government-backed mortgage providers Fannie Mae and Freddie Mac set the strict standard for all other mortgage lenders. Sometimes, when financing an ADU loan, programs like RCUs may consider the property's worth after the ADU is constructed when underwriting the loan. Clark and her husband moved into the main home, and Sandoval-Clark and her family live in the ADU.
Persons: —, Fannie Mae, Freddie Mac, Freddie, Ryan O'Connell, you've, Peter Bohler, Suszi Lurie McFadden, O'Connell, RCU, RenoFi, it's, Katie Sandoval Clark, Marshall, Barbara Clark, Mother Barbara Clark, Katie Sandoval, Clark, Sandoval Organizations: Service, CAST, —, Denver Post, Redwood Credit Union, ADUs, Area Locations: California, — New York , California, Vermont, Denver , Colorado, Napa County , California
☆ California gave us $40,000 to turn our garage into a tiny home. There was a lot of paperwork, but it lets us live next to our grandkids.
  + stars: | 2023-08-28 | by ( Kelsey Neubauer | ) www.businessinsider.com   time to read: +7 min
Daniel Romo, 61, and his wife Kristin, 63, got a $40,000 grant from California to build an ADU. Dan: We live in Whittier in Southern California and we just transformed our garage into an accessory dwelling unit. At that time, the only way you could get the grant was you had to go through a state-approved vendor. Thursday, Friday, and Saturday, our middle daughter and son-in-law and grandson moved in — my daughter's second child was due any day. They were determined that they were going to bring their daughter home to the ADU, not to our house.
Persons: Daniel Romo, Kristin, Dan, Kristin Romo, Kristin Romo Kristin, YouTube — Ryan O'Connell's, Ryan, Kristin Romo Dan Organizations: Service, YouTube, HPP Locations: California, Wall, Silicon, Whittier , California, Whittier, Southern California, New Hampshire, —
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