Mixed-Use Mortgage
Mixed-Use Mortgage
Real estate investors turn to mixed-use loans to fund properties that serve multiple purposes. These mixed-use buildings are typically zoned for a variety of uses, encompassing residential, commercial, industrial, or institutional functions. Mixed-use loans come in both short-term and long-term options, with terms spanning from as brief as six months to as extensive as 30 years.
- Max Loan: $5 Million
- 85% LTV to $3 Million Purchase and Rate & Term
- No Limit Cash-In-Hand
- 70% LTV Cash-Out to $3M
- 2-8 Unit Mixed Use Properties Allowed – Commercial Sqft ≤ 50%
- Earn Up to 5% on Transactions
- Interest-Only Options
Mixed-use loans provide a means for borrowers to secure funds for acquiring, refurbishing, or erecting mixed-use properties. These loans typically fall into three categories: commercial, government-backed, or short-term. To make an informed decision, it’s crucial to weigh the advantages of each loan type and carefully assess your short-term and long-term development plans before embarking on the loan selection process.
In communities where mixed-use loans might be hard to find, we stand out as a nationwide mixed-use loan provider. Even in the most rural areas, we see the potential in mixed-use properties, and we’re here to help you seize those opportunities. Many local banks shy away from these ventures, but our flexible approach allows us to say YES when others might say no.
Contact us for more information about mixed use mortgages.