Step 5 of 8

Find Financing for Your ADU

Most Ashland homeowners finance their ADU through a combination of home equity and a construction or renovation loan. Here's what's currently available — and what to ask each lender.

Financing products, rates, and program availability change frequently. The resources below were verified as of August 2026. Always confirm current terms directly with each lender or program. RogueADU does not endorse any specific lender and does not offer loans or grants.

Run the numbers first

The Ashland ADU Calculator models project cost, loan need, qualification limits, rent, and monthly cash flow — with editable Ashland assumptions including City energy incentives, SDC estimates, PacWall kit pricing, and address-level BLI screening. Planning assumptions reviewed August 7, 2026.

Early planning estimate only — not a lender prequalification, appraisal, contractor bid, or promise of rent.

Open the ADU Calculator →

Construction & renovation financing

These lenders expressly advertise ADU-eligible construction or renovation products. Confirm ADU eligibility, as-completed value treatment, projected-rent counting, owner-occupancy requirements, contractor requirements, and draw administration directly with each lender.

  • Rogue Credit Union

    Construction-to-permanentPortfolio loansTwo homes on one lot

    Rogue CU expressly advertises construction-to-permanent and portfolio options including two homes on one lot. As a Southern Oregon-based credit union they understand Rogue Valley property values.

    Visit Rogue Credit Union →

    Membership eligibility applies. Confirm current ADU-specific products and rates directly.

  • Columbia Bank

    Construction loansRenovation financing

    Columbia Bank expressly advertises ADU-eligible construction and renovation financing. Confirm current products, draw schedules, and ADU-specific underwriting directly.

    Visit Columbia Bank →

    Confirm ADU eligibility and current terms directly with Columbia Bank.

  • First Community Bank

    ConstructionRenovation

    First Community Bank offers related construction and renovation products. ADU-specific rules need confirmation directly with the lender.

    Visit First Community Bank →

    Confirm ADU eligibility and current terms directly.

  • Banner Bank

    ConstructionRenovation

    Banner Bank offers construction and renovation products. ADU-specific underwriting rules need confirmation directly with the lender.

    Visit Banner Bank →

    Confirm ADU eligibility and current terms directly.

  • First Interstate Bank

    ConstructionRenovation

    First Interstate Bank offers related construction products. ADU-specific rules need confirmation directly with the lender.

    Visit First Interstate Bank →

    Confirm ADU eligibility and current terms directly.

  • Evergreen Home Loans

    ConstructionRenovation

    Evergreen Home Loans offers related construction products. ADU-specific rules need confirmation directly with the lender.

    Visit Evergreen Home Loans →

    Confirm ADU eligibility and current terms directly.

Home equity (HELOC & home-equity loans)

Potentially useful for a conversion or a defined construction budget, especially when preserving a low-rate first mortgage matters. These avoid replacing your existing mortgage.

  • Rogue Credit Union

    HELOCHome equity loan

    Rogue CU advertises equity-based products for Southern Oregon homeowners. Availability and limits vary.

    Visit Rogue Credit Union →

    Membership eligibility applies.

  • First Community Bank

    HELOCHome equity loan

    First Community Bank advertises equity-based products. Availability and limits vary.

    Visit First Community Bank →

    Confirm current terms directly.

  • Banner Bank

    HELOCHome equity loan

    Banner Bank advertises equity-based products. Availability and limits vary.

    Visit Banner Bank →

    Confirm current terms directly.

  • KeyBank

    HELOCHome equity loan

    KeyBank advertises equity-based products. Availability and limits vary.

    Visit KeyBank →

    Confirm current terms directly.

  • U.S. Bank

    HELOCHome equity loan

    U.S. Bank advertises equity-based products. Availability and limits vary.

    Visit U.S. Bank →

    Confirm current terms directly.

  • Peak Home Loans

    HELOCHome equity loan

    Peak advertises equity-based products. Availability and limits vary.

    Visit Peak Home Loans →

    Confirm current terms directly.

Oregon state & accessibility programs

  • Oregon Housing and Community Services (OHCS)

    OHCS administers several homeowner assistance and housing production programs. Check their website for current ADU-related programs and eligibility.

    Oregon OHCS →

    Program availability changes. Verify current offerings.

  • OHA Healthy Homes

    Oregon Health Authority Healthy Homes program can support qualifying accessibility modifications in existing occupied homes. Eligibility follows income, age, disability, and assessed need.

    OHA Healthy Homes →

    Supports existing-home modifications, not new ADU construction.

  • Oregon Medicaid K Plan / OHP Home Changes

    Medicaid K Plan and Oregon Health Plan home modification supports can fund qualifying accessibility changes for eligible residents in an existing occupied home.

    Oregon Medicaid K Plan →

    Eligibility follows income, disability status, and assessed need.

  • Veteran Repair Assistance

    Veteran repair and accessibility assistance programs may support qualifying modifications for eligible veterans or surviving spouses.

    Oregon Dept. of Veterans' Affairs →

    Confirm current program availability and eligibility directly.

  • USDA Rural Development

    If your property is in a rural or semi-rural area, USDA Rural Development offers home improvement loans and grants for income-qualified homeowners. Ashland may qualify depending on census designation.

    USDA Rural Development Oregon →

    Verify Ashland eligibility based on current census designation.

  • City of Ashland Energy Incentives

    Ashland offers rebates for heat-pump space heating, heat-pump water heaters, electric panel upgrades, electric-ready circuits, induction cooking, and weatherization. Income-qualified households may receive doubled rebates on some items.

    Ashland Energy Incentives →

    Requires City approval, qualifying equipment, and applicable permits. Confirm eligibility before assuming any rebate.

Match the product to your project

  • Detached or major conversion

    Construction-to-permanent or renovation financing. Columbia Bank and Rogue CU expressly advertise ADU-eligible products. First Community, Banner, First Interstate, and Evergreen offer related products whose ADU rules need confirmation.

  • Equity-rich homeowner

    HELOC or home-equity loan. Useful for a conversion or defined construction budget, especially when preserving a low-rate first mortgage matters. Rogue, First Community, Banner, KeyBank, U.S. Bank, and Peak advertise equity-based products.

  • Small conversion or funding gap

    Unsecured home-improvement or personal loan. Avoids a lien but generally carries shorter terms and higher payments — a poor fit for a large detached build. Some banks offer smaller unsecured products.

  • Limited equity or income

    Standard products may not count enough future rent or completed value. A locally supported pilot could combine feasibility help, a reserve, subordinate capital, or an affordability commitment. No such Ashland-wide product should be assumed until launched.

Ready to apply for a permit?

Once you have a financing plan in place, the next step is submitting your permit application to the City of Ashland.

Go to Permit