Updated about 5 years ago on . Most recent reply
Residential mortgage for mixed use property
Hey everyone, is it possible to get a standard residential 30 year mortgage with 25% down on a non owner occupied mixed use property??? I am trying to put an offer in on a property right now but I am being told by multiple lenders that I can not. HELP!! Thanks everyone
Nick
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Stephanie P.
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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
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@Nicholas Hamel
No, not for non-owner. Commercial is your only play.
Stephanie