Spec Construction
Complete the Project Quick Quote to the right and get the process started...we will give you a call back, typically within an hour, and get the project financing started.
Property Types: SFR, 2-4 units, Condos, PUDs
Properties must be Non-owner occupied
Loan Terms: 6-24 months
Minimum Loan Amount: $250,000
LTC: Up to 80%
LTAVR (After-Repair Value): Up to 65%
FICO Score: 680 minimum
We understand the importance of speed, and getting your project financing started as quickly as possible.
Accessory Dwelling Units
What is an Accessory Dwelling Unit (ADU)?
Sometimes referred to as mother-in-law unit, granny shack, or backyard cottage, Accessory Dwelling Units (ADUs) are small, independent residential units located on the same lot as a stand-alone single-family home. ADUs provide the same essential functions as a typical single-family residence, complete with a kitchen, sleeping area, and bathroom, but are smaller or "accessory" to the primary residence.
Many localities in Western Washington are adopting streamlined ADU Permiting. We have hightlighted cities using a streamlined ADU Program.
Renton Permit Ready ADU Program
We have 254 total lending partners available, ready to move your ADU project forward. Send us a Quick Quote, and we can begin to discuss your project in depth.
Feel free to contact us at 425-260-5562, or email dmellis@nexamortgage.com with your project details, or any questions you may have.