What Is A Mother Daughter Loan?
An Accessory Dwelling like a Mother Daughter feature in a home is an area in a single-family home that can be used as a separate living area. This type of dwelling can be used as a separate residence for a family member or a great rental income opportunity.
Even though Mother Daughter living unit features have many advantages, lenders sometimes prefer to not give loans on homes with these features. This is because the Mother Daughter area is a bit unusual.
However, that isn’t the case with all lenders so don’t give up searching for the loan you need!
Apply With Us Now
Getting approved for a loan to buy or refinance a home with a Mother Daughter feature may be difficult. It doesn’t have to be. Because your situation is unique, approval will require some creativity. We are here to help you. Call HomePromise today!
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