Updated over 15 years ago on .
Looking for mixed use guidence for primary in NJ
Here is the scenario. The property consists of a 2 family home and a seperate cape cod that is an antique bussiness. I would like to purchase this property via the FHA 203k mixed use loan program, but have not been able to get any guidence if the property will qualify by this means. I don't want to pay for an appraisal and find out down the road that the property does not qualify. I do not want a commercial mortgage. Has anyone done something similar or does anyone know an originator in NJ that I can speak with? I plan on living in one of the units in the 2 family.