Mixed-Use Properties. Fannie Mae purchases or securitizes mortgages that are secured by properties that have a business use in addition to their residential use, such as a property with space set aside for a day care facility, a beauty or barber shop, or a doctor’s office.
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Traditional commercial mortgages can require as much as a 15%-25% downpayment, even for mixed use properties. With the Fannie Mae Mixed Use Mortgage, you don’t need a commercial loan to buy or refinance your property.
Looking for long-term financing for a mixed-use property? Whether you are an established property owner or new to the mixed-use investment world, KDM.
BETHESDA, Md., June 11, 2019 /PRNewswire/ — Walker & Dunlop, Inc. announced today that it arranged $121,310,000 in construction financing for Plantation Walk, a master-planned development in the.
There is a formula FHA uses based on total square footage as a guide to evaluate whether a mixed-use property can have FHA 203k financing-.
At ridgewood savings bank, our commercial loan officers are New Yorkers, too.. mixed-use, office, or retail property, Ridgewood Savings Bank can provide.
Washington Federal is a portfolio lender; your loan with us will not be sold to. Whether it's an office building or mixed-use property, we can help you buy or.
Many people don’t realize that even though mixed-use properties may have a residential component, they’re typically considered to be commercial real estate. That means buyers who are planning on using a mortgage to purchase such a property will need to procure a commercial loan.
You may find a lender who can do a residential loan on such a property, however, the brunt of the lenders who see the classification of the property — in this case probably a "NC" (neighborhood commercial) or even as a mixed-use property (commercial bottom floor), will require a commercial type loan.
HFF secured a million acquisition financing and advised The. Boston-based HYM Investment Group is a real estate company focusing on the acquisition, development and management of complex.