SteveKnowsLoans is here to help you close the deal on an FHA loan for your mixed-use property so you can make a profit.
Mixed-use complexes can range from parking garages with connected apartments to office buildings that house a wide range of industries, from law firms to department stores.
Small-company entrepreneurs can buy a home and make an investment in commercial property with the same type of loan.
Properties have a mix of uses and typically include 1-4 single-family homes. Those who are unmarried and meet the requirements can apply for an FHA loan.
- The residential component must comprise at least 51% of the total floor area.
- No threat to the health or safety of the residential tenants will result from the business use.
- Any commercial use of the land must have valid authorization and adhere to the property’s present zoning.
The Benefits of SteveKnowsLoans
We help our borrowers and real estate brokers make more deals by providing FHA financing for mixed-use properties. Please get in touch with us as soon as possible for more information.
Call Steven Jackson at 813-616-9411 now!
