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Mixed Use Properties

(For example: day care, salon, doctor's office, small grocery store)

1. Must be an owner occupied residence (you must live somewhere on the premise).
2. Mixed use of the property must represent a legal use per the zoning.
3. Borrower must usually be both the owner and operator of the business.
4. Property must be primarily residential in nature.
5. Market value of the property must come from primarily the residential traits of the property.