Stewart Brown Jr – Mortgage Loan Originator – Purchase or Refinance
| In commercial real estate, mixed use is a term used to describe a property with multiple uses. There are many examples of this, such as a multistory building with retail space on the bottom floor and apartment units above it, or office space that is attached to a single-family home. Most commonly, a mixed-use development includes more square footage for owner-occupied or rental housing rather than a strict commercial use, although mixed-use loans are considered commercial financing because the property relies heavily on rental income. |
| In commercial real estate, mixed use is a term used to describe a property with multiple uses. There are many examples of this, such as a multistory building with retail space on the bottom floor and apartment units above it, or office space that is attached to a single-family home. Most commonly, a mixed-use development includes more square footage for owner-occupied or rental housing rather than a strict commercial use, although mixed-use loans are considered commercial financing because the property relies heavily on rental income. |
Reach out to me for further detailed information on Mixed Use Property loan programs.