Cost guide
Financing an ADU Garage Conversion across San Diego County
Financing terms depend on the lender and your circumstances. Compare the total cost of borrowing, payment schedule, and how project funds are released before selecting a loan.
What moves the price
- Interest rate and whether it can change
- Loan fees, repayment term, and monthly payment
- Available equity and lender qualification criteria
- Timing and conditions for releasing funds
What to ask about in a quote
- Written estimates to support a lender discussion
- Loan fees and closing costs disclosed by the lender
- Payment timing and any draw conditions
- Contingency for changes to the construction scope
Common questions
Can projected rent help me qualify?
Ask each lender whether its particular product considers projected rental income and what documentation it requires.
How should I compare loan offers?
Ask each lender for the interest rate, whether it can change, fees, repayment term, monthly payment, and total cost over the proposed term. Compare offers on the same borrowing amount.
When are construction funds released?
Loan products can differ. Ask the lender about draw requests, inspection or documentation requirements, payment timing, and what happens if a project runs over budget.
San Diego County projects
Discuss your project
Share your plans and request a connection with a local professional.