On Monday, October 16th, the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced a new policy allowing lenders to consider income from Accessory Dwelling Units (ADUs) when underwriting a mortgage. For all the details you can check out this blog, or if you're looking to buy a home and want to discuss whether this policy could help you qualify for a mortgage, email us or give us a call at (323) 412-9060!
Posted by Ben Nicolas on
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