Finance an Accessory Dwelling Unit
ADU Loans
Finance your accessory dwelling unit with an ADU Loan.
Financing to Fit
Borrow up to $250,000 for ADU design, permitting and construction. Perfect credit not required.
Simple Terms
No upfront fees and no pre-payment penalties. Fixed interest rates, with reduced rates for qualified lower-income applicants.
Convenient Repayment
Make automated payments directly from your bank account.
LOANS FOR HOMEOWNER
ADUs offer many benefits
We offer two different ADU Loans to Oregon residents in Multnomah, Washington, or Clackamas Counties.
Create needed housing
ADUs can be part of the solution to our housing crisis, especially when rented out as affordable housing.
Generate future income
While you’ll need to plan for construction and ongoing maintenance costs, an ADU can provide ongoing income and increase the value of your property.
House family and friends
An ADU gives your loved ones their own space, close to you. An ADU can also let you age in place.
ADU Loans
Craft3 ADU Loans
Up to $250,000 with no restrictions on ADU use after construction. Available to residents in Multnomah, Washington, or Clackamas County, Oregon.
ADU Loans
BackHome ADU Loans
In partnership with BackHome ADU. Receive a subsidized interest rate on an ADU loan, in exchange for agreeing for 8 years to rent the completed ADU to a tenant (including a family member or friend) who earns no more than 80% of area median income*.
Customer Stories
Affordable Housing, One Unit at a Time
Many cities desperately need more units of affordable housing. Accessory dwelling units (ADUs) are one way cities can create housing, build wealth, and reduce displacement.
Making a difference
Serving Homeowners
Since 1994, Craft3 has made 8,212 loans to homeowners totaling $132.6 million. These loans have strengthened $2.26 billion of local real estate.
Our Team
“I love numbers! But I never forget that behind every application I review there’s a person that deserves careful and personalized attention.”
Nicole Gerke
Consumer Credit Underwriter
