Mixed Use Properties

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

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