ADU Financing Made Easy: Your Guide to Affordable Prefab ADUs

The dream of adding an accessory dwelling unit (ADU) to your property has never been more attainable. Whether you're looking to create a rental income stream, house aging parents, or establish a dedicated workspace, ADU financing options have evolved to make these projects surprisingly accessible. The key? Understanding how modern HELOC financing can transform your prefab ADU dreams into reality—without the traditional headaches of construction loans.

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The ADU Revolution: Why Homeowners Are Investing in Accessory Dwelling Units

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Traditional construction loans weren't designed for the modern ADU market. They come with lengthy approval processes, mountains of paperwork, and dealer fees that can consume up to 10% of your loan amount. For homeowners eager to move forward with their ADU project, these obstacles can delay plans by months—or derail them entirely.

Enter the Home Equity Line of Credit (HELOC)—specifically, innovative solutions like Figure HELOC that are revolutionizing how homeowners finance their accessory dwelling units. This approach leverages the equity you've already built in your home to fund your ADU construction quickly, efficiently, and at rates that traditional construction loans simply can't match.

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Introducing ELMNTL's Partnership with Figure: Smart Financing for Modern ADUs

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We're excited to announce our partnership with Figure to offer streamlined HELOC financing for ADU construction. This collaboration brings together ELMNTL's expertise in high-quality prefab ADUs with Figure's cutting-edge financial technology, creating a seamless path from dream to reality

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Building an ADU shouldn't mean breaking the bank—or waiting forever. Through our partnership with Figure, we're making it easier than ever to bring your vision to life with smart, flexible ADU financing that moves at the speed of you. Whether you're considering a compact studio for rental income or a spacious two-bedroom unit for multigenerational living, financing your prefab ADU is now as streamlined as the construction process itself.

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What Makes HELOC the Best Financing Option for Your ADU?

When it comes to financing a prefab ADU, not all loan products are created equal. A Home Equity Line of Credit for ADU construction offers distinct advantages over personal loans and traditional construction financing. Most importantly, HELOCs allow you to tap into the equity you've built in your primary residence—equity that's often sitting dormant—and put it to work creating additional value through an accessory dwelling unit.

Figure HELOC takes this advantage even further with a completely digital application process that eliminates the need for in-person appraisals and mountains of paperwork. This means you can move from application to funding in days, not months—perfect for homeowners ready to start their ADU build without unnecessary delays.

Start Your ADU Journey Today

The combination of prefab ADU construction and modern HELOC financing has created an unprecedented opportunity for homeowners. What once took months of planning, paperwork, and waiting can now be accomplished in weeks. With Figure HELOC, you can get approved in minutes, funded in days, and start building your accessory dwelling unit faster than you ever thought possible.

Whether you're building an ADU for rental income, creating space for family members, or simply maximizing your property's potential, the right financing makes all the difference. Figure HELOC offers the speed, flexibility, and competitive rates that today's homeowners need—combined with ELMNTL's commitment to quality prefab construction.

Don't let financing fears hold back your ADU dreams. With monthly payments starting at just $2,268, bringing your vision to life is more affordable than you think. The best part? Finding out if you pre-qualify requires only a soft credit pull, so your credit score stays protected while you explore your options.
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*Monthly payments based on Figure HELOC financing. Rates and terms subject to approval. All loans are subject to credit approval and property evaluation. Not all applicants will qualify. Your actual rate and terms may vary based on credit, income, property value, and other factors. ADU financing through Figure HELOC is available for qualified borrowers with sufficient home equity. Consult with a tax professional regarding the tax deductibility of interest payments.