Financing
Meet our ADU Financing Partner
Charles Edington
ADU SPECIALIST / FINANCE STRATEGIST
Welcome to all who are considering the construction of an Accessory Dwelling Unit (ADU). I am a dedicated finance professional who has developed proven strategies to finance ADUs.
If you have a goal to build an ADU and are curious about your options for financing, you’re in the right place!
Charles.Edington@loanstartech.com
www.adufinanceguy.com
The ADU Finance Guy
Charles Edington has been an active member of the mortgage and home improvement lending community since 2002. He is a licensed Mortgage Loan Officer (NMLS # 272063) with Primary Residential Mortgage and National Account Manager with Loanstar Technologies. After decades of mortgage origination, funding thousands of loans, Charles has specialized his business towards ADU construction, remodels, and home improvement. Charles gained his ADU Specialist designation in 2022 from the ADU Academy and is now an instructor for the Academy. Charles is also a member of the Tiny Homes Industry Association and is the Financial Expert for the “How to ADU” Facebook community which has grown to over 114,000 members.
Charles prides himself on his ability to provide financing solutions unique to the individual or family who has a goal to build an ADU. There is no one-size-fits-all solution. Across his many relationships with banks, credit unions, and private lending institutions, Charles has a broad offering of programs suited for ADU construction. Welcome to all who are considering the construction of an ADU.
Popular Financing Options Offered
Home Equity Line of Credit (HELOC)
- 1st or 2nd Lien secured to your property
- 10-Year Draw Period, 20-Year Repayment Period
- Only Pay Interest on Drawn Funds
- Interest-Only Payments available, Variable Interest Rate
- Ability to borrow against the FUTURE value post construction
Home Equity Loan
- 1st or 2nd Lien secured to your property
- 5 to 20-Year Terms
- Fixed Rates
Traditional Mortgage
- Refinance or Renovation Loan
- 10 to 30-Year Term
- Fixed Rates
- Renovation Loans allow borrowing against FUTURE value
Home Equity Agreement
- Trade Equity for Cash, Lien on Property
- NOT a Loan
- No Payments Required
- Pay the agreement back in 10 years via sale, refinance, or cash
Want a Personalized Estimate?
Charles is excited to hear from you! Please don’t hesitate to reach out so he can walk you through your options and answer any questions.
Call/Text: 925-979-5450
Email: info@aducrew.com
Our Services
At Northwood Tiny Homes, we specialize in creating the perfect tiny home for your needs. Whether you need extra space for aging parents, a rental property, or a private retreat, our streamlined process ensures a seamless experience from start to finish.
TINY HOMES
Detached tiny homes are popular stand-alone structures that add valuable living space while maintaining your main home’s privacy. They can serve as guest houses, rental units, or even home offices. Our detached tiny homes are designed to blend seamlessly with your property’s aesthetics and are constructed using high-quality materials backed by manufacturer warranties.
ACCESSORY DWELLING UNITS
Need more room? An Accessory Dwelling Unit (ADU) is the perfect choice. Whether for family, an office, or rental use, we build these units with care. Trust Still Waters Tiny Homes, your Charlotte ADU builder, to handle your project from start to finish, delivering high-quality craftsmanship and personalized service every step of the way to ensure your vision becomes a reality.
POOL HOUSES
Detached tiny homes are popular stand-alone structures that add valuable living space while maintaining your main home’s privacy. They can serve as guest houses, rental units, or even home offices. Our detached tiny homes are designed to blend seamlessly with your property’s aesthetics and are constructed using high-quality materials backed by manufacturer warranties.