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