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Home / Loans / Home Loans / ADU Home Renovation Loans

ADU HOME
RENOVATION LOANS

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Rates

Expand your possibilities

  1. Tailor your loan to meet the specific needs of your renovation
  2. Quickly secure the funds needed to start your renovation
  3. Enjoy transparent terms with no surprise charges or fees

Finance based on your projected equity

Expand your possibilities. Make room for more with an in-law apartment, accessory dwelling unit (ADU), or some major upgrades to your home.

  • Convenient and quick application process with no need for refinancing
  • Enjoy flexible repayment plans that fit your budget
  • Keep your current mortgage and its rate intact
Apply online

FROM OUR COMMUNITY

“I have been with Lighthouse for years. I can always count on a positive experience with all staff – they are knowledgeable, patient and friendly. My financial questions/needs are always met. I couldn’t be happier!”

Michelle G.

Your money does good

Simply by being a member you’re helping to make a difference across our communities.

  • Affordable Housing

    We’re helping more people find homes and essential shelter through partnerships with nonprofits and local government.

  • Volunteering

    Our employees are given paid time off to volunteer for community programs of their choice.

  • Local Organizations

    We partner with organizations that help to enrich and nourish the lives of our neighbors.

  • Food Access

    We fund programs that help fight food insecurity across our communities.

Bank from your
phone anytime

Bank on the go with our mobile app, and keep it all on track.

  • Access all of your Lighthouse accounts
  • Make easy, secure loan payments
  • Mobile deposit your checks*
Download for iPhone
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ADU Home Renovation Loan Rates

TermInterest RateAPRLoan to Value Ratio
60-107 Months6.74%7.423%Up to 80%
108-120 Months6.94%7.318%Up to 80%
121-180 Months7.24%7.587%Up to 80%
181-360 Months7.74%7.993%Up to 80%

Effective date: June 30, 2025

ADU Home Renovation Loan General Disclosure

Minimum amount is $20,000. Maximum amount is $500,000. The loan must be in second lien position. Property insurance is required. Flood insurance is required if the property is located in a flood zone.

Annual Percentage Rate (APR) shown is the lowest rate offered and based on credit score. Rates are subject to change without notice.

The Fixed Home Renovation Loan offers a loan term of up to 350 months (30 years) and begins with a 9-month interest only construction period followed by a fully amortized re-payment period for the remaining months. For maximum term of 350 months, loan amount must be greater or equal to $100,000.

Home Renovation Loans are only available if home is being built in New Hampshire, Maine, Massachusetts, Vermont.

All loans are subject to credit approval.

ADU Home Renovation Loan Payment Example

A payment example for a Home Renovation Loan with $100,000 loan amount and 7.740% interest rate and annual percentage rate of 7.993% will have a monthly principal and interest payment of $833.83.

The APR in the payment example was effective on 12/20/2024. The current APR may be different than the APR used in the payment example.

Financial Calculators

Banking is better for our members with fair rates, affordable loans, and promising financial futures. And money can do more when put back into projects for affordable housing and helping those that need a hand up.

Personal Financing

Start making an impact today

Put your money to work, and see the benefits in your accounts and the world around you.

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