Mixed-Use Properties

Program highlights

• Loan amounts $25K – $3M
• 80% LTV on purchase
• 75% LTV on refinance
• No tax returns, no W-2s
• Close in 14–21 days
• Storefront-with-apartments, live/work and blended-use assets
• Purchase, refinance and cash-out

Who it's for

Mixed-use buildings are some of the best cash-flowing assets in a portfolio and some of the hardest to finance conventionally. We underwrite the combined income of the commercial and residential components instead of forcing the property into a residential or commercial box.

Basic requirements

• Business-purpose, non-owner occupied
• Rent roll for both commercial and residential units
• Borrowing entity or individual with personal guarantee
• Property legally zoned for its existing use
• First lien position only