Mortgages for owner-occupied mixed-use properties are a novel and useful choice for entrepreneurs.
In real estate, almost anything may happen. You can buy anything from a small apartment to a mansion fit for a king.The limit is in the sky. Even better, look into mixed-use properties, which include several of these options.
In our experience at SteveKnowsLoan, clients with mixed-use properties have specific requirements. The borrowers we serve are as diverse as the loans we offer.
What if you are in need of housing and commercial space? A mortgage for a mixed-use property where the owner also lives could work. Does it seem intriguing? Today, we will discuss our Owner-Occupied Mixed-Use mortgage product in detail.
Who Gains From Our Mixed-Use Owner-Occupied Mortgage?
If you own a business and wish to live in the same building, you may qualify for our Owner-Occupied Mixed-Use mortgage. We’ve worked with doctors who wish to have their workplace connected to their home for the sake of convenience, for instance. Owner-occupied mixed-use mortgages are the best option in this case. Some more types of enterprises that crop up frequently here are:
- Creative spaces
- Preschools and daycares
- Companies that do accounting
- Independent boutiques
- Beauty parlors and men’s hairstyling establishments
- With an Owner-Occupied Mixed-Use mortgage, you can buy a building with numerous residential and/or commercial apartments in order to live there, run a business out of there, and manage the property as an investment.
Features of a Mixed-Use Ownership Plan
An owner-occupied mixed-use building can be a great time saver for business owners. One practical option for company owners is our Owner-Occupied Mixed-Use financing program. The highlights of this ground-breaking initiative are as follows:
- Our application is simple, and we offer quick approvals.
- Our lending terms range from 10 to 20 years.
- There are 3-year fixed-rate loans available with an interest rate as low as 3.25%.
- The maximum term of this program’s amortization schedule is 25 years.
Message Us Right Away!
We provide finance options to help business owners realize their real estate dreams. To learn more about our Owner-Occupied Mixed-Use mortgage program, please contact us immediately.
Get in touch with one of our lending advisors today.
Call Steven Jackson at 813-616-9411 now!
