Mixed-Use Properties
Mixed-Use Properties may consist of apartments and retail stores in the same building, or apartments with a dance studio or fitness center in the same building. Some banks and conventional lending sources often turn down such loan requests because the loan amount is typically too small to qualify for a commercial loan. And the commercial application of the property would typically disqualify it from being financed as a residential mortgage.
To learn more about obtaining commercial mortgage financing or to book a free consultation, please contact us and speak with one of our experienced commercial mortgage specialists.