Owner-Occupied Mixed-Use Mortgages: A Unique and Practical Option for Business Owners
Anything is possible in real estate. You can purchase a modest home, a luxury estate, an investment property, a place to do business…The sky is the limit! You can even combine these property types by checking out mixed-use properties.
At MortgageDepot, we find that our mixed-use clients have unique needs. Fortunately, our loan options are as varied as the clients who seek them.
What if you need a place to live and work? An Owner-Occupied Mixed-Use mortgage might fit the bill. Sound interesting? Today, we’re going to tell you everything you need to know about our Owner-Occupied Mixed-Use mortgage program.
Who Benefits From Our Owner-Occupied Mixed-Use Mortgage?
Our Owner-Occupied Mixed-Use mortgage works well for borrowers who want to operate a business and live in the same building. For example, we’ve worked with doctors who want their office space attached to their private living space for convenience. In a situation like this, Owner-Occupied Mixed-Use mortgages are ideal. Here are a few additional examples of businesses that we commonly see in this scenario:
- Art studios
- Daycare facilities
- Accounting businesses
- Small retail shops
- Salons or barber shops
If you want to live, run your business and manage an investment property, you can get an Owner-Occupied Mixed-Use mortgage to purchase a building with multiple residential and/or commercial units.
Owner-Occupied Mixed-Use Program Highlights
If you are a business owner, you might be able to simplify your life with an owner-occupied mixed-use property. Our Owner-Occupied Mixed-Use mortgage program offers a sensible solution for business owners. Here are the highlights of this innovative program:
- Our application process is a breeze, and approvals happen in no time!
- We offer 10-, 15- and 20-year mortgages.
- Fixed-rate loans with interest rates as low as 3.25% are available.
- This program features up to a 25-year amortization period.
Contact Us Today!
If you are a business owner with real estate goals, we offer mortgage solutions to help you achieve success. Contact us today for more information about our Owner-Occupied Mixed-Use mortgage program!
Connect with one of our loan consultants to learn more.
Have questions or need help?
Call us now at 800-220-LOAN
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