Stated Income / Asset Based Loan for ADU Financing in California
Fund Your ADU Without Tax Returns or Traditional Income Verification
Want to build an ADU but don’t show income on paper? Whether you’re retired, between jobs, or just want a fast, low-doc option — a Stated Income or Asset-Based Loan could be the answer.
These programs allow California homeowners to access their equity without submitting W-2s, pay stubs, or even bank statements — just based on assets or equity alone.
Perfect for retirees, high-net-worth homeowners, or property investors.
What Are Stated Income and Asset-Based Loans?
These are alternative financing options for borrowers who have strong equity or liquid assets, but don’t meet traditional income guidelines.
Stated Income Loans: You verbally state your income — no verification, no tax docs
Asset-Based Loans: Approval is based on your liquid assets (savings, investments, retirement) — not your job or business
These programs give you the funding you need with minimal documentation and maximum speed.
Why Use These Loans for ADU Financing?
No tax returns or income docs required
Great for retirees, investors, or asset-rich borrowers
Fund up to $250K+ for your ADU
Fast approvals and minimal paperwork
Can be structured as a 2nd Mortgage or HELOC
These are among the fastest, easiest ADU loans available in California — ideal when time or privacy matters.
Who Qualifies?
You may qualify if you:
Own a home in California (SFR or up to 4 units)
Have 15–20%+ equity in your property
Have sufficient liquid assets (savings, retirement, brokerage)
Prefer to avoid full income documentation
💡 You don’t need to be employed or show monthly deposits.
Not sure if you qualify?
Check Your Options Now →
How Much Can I Borrow?
Loan size is based on:
Your equity
The value and liquidity of your assets
Credit score (usually 640+)
Typical funding ranges from $75,000 to $300,000+ depending on your profile.
Example ADU Use Cases
Retired Homeowner in Palm Springs
Funded $165K ADU using retirement and investment accounts. No income docs provided. Funded in 6 days.
Investor in Orange County
Used $120K from an asset-based HELOC to build an ADU on a rental property — without showing any job or bank income.
How the Process Works
Apply online — soft credit pull only
State your income or share asset details
Skip the W-2s and tax returns
Get fast approval + eSign
Fund your ADU in 5–7 days
✔️ Minimal paperwork
✔️ Total privacy
✔️ Built for California homeowners
Other Loan Options Available
If you’re unsure which program fits best, we’ll guide you through options like:
We match your situation with the best possible funding path.
FAQs: Stated Income & Asset-Based ADU Loans
Q: Do I need to be employed to qualify?
No. If you have assets or equity, you may still be eligible.
Q: What assets qualify?
Savings accounts, retirement accounts (IRA/401k), brokerage/investment portfolios, and cash reserves.
Q: Will this impact my first mortgage?
No — these loans are separate and do not affect your primary mortgage.
Ready to Fund Your ADU — Without Traditional Docs?
If you want fast funding, minimal paperwork, and no tax return hassles, this could be your easiest path to a new ADU.