Build an Accessory Dwelling Unit to Keep Family Close.
Flexible financing for in-law suites, rental space and more.

An accessory dwelling unit (ADU) is a smaller, self-contained home on the same property as your primary residence. It might be an attached in-law suite, an apartment over the garage or a separate backyard cottage.

An accessory dwelling unit loan from The Merrimack is designed specifically to help you build this extra living space as an addition to a new or existing home. It provides financing for the construction of the ADU and then transitions into long-term home financing once the project is complete.

In many cases, ADU financing can be structured as a second mortgage behind an existing first mortgage.*

*Financing options and terms vary based on individual circumstances. All loans are subject to credit approval, property eligibility, and underwriting requirements. Existing mortgages must meet bank guidelines to be considered for subordinate financing. This information is for educational purposes only and does not constitute a commitment to lend.