Mixed use property - commercial or residential?

[Craig Shrimpton]

Looking at a 3 family property that also has a small detached commercial building that could be used as a store, office, or workshop.

Would I need a commercial or residential loan for this?

Thanks

[Stephanie P.]

@Craig Shrimpton

FHA allows mixed use properties as long as the residential portion of the property makes up more than 50% of the square footage.

Stephanie