Mixed Use Loan Programs
Not every building fits a single lending category. A storefront with apartments above it, an office suite sharing a structure with residential units, a property where a business operates on one floor, and tenants occupy the others — these are common configurations in commercial real estate, and they come with financing requirements that a standard residential mortgage was not built to handle.
Our mixed-use loan programs are built around that reality. We review the property, the borrower’s profile, and the income the asset produces, then identify which financing structures are appropriate for the transaction. There is no single program that works for every deal, which is why we work across a network of lenders offering more than 35 mortgage products, including DSCR mortgages, bridge loans, non-recourse loans, LOC loans, small business start-up loans, hard money, and other non-QM options.
Eligibility, loan amounts, LTV requirements, and documentation standards vary by program and lender. Our role is to match the deal to the right structure rather than fit every borrower into the same product.
Why Borrowers Choose Our Mixed-Use Loan Programs
A property generating income from both residential and commercial tenants presents underwriting considerations that differ from a single-use asset. Lenders will look at blended income streams, occupancy on both sides of the building and how the commercial piece affects overall risk. Our mixed-use loan programs are structured to address those considerations directly.
How do non-recourse loans differ from standard commercial mortgages?
With a standard mortgage, a lender can pursue the borrower personally if the property falls short of the debt. With non-recourse loans, recovery is generally limited to the collateral. Exact liability depends on the loan documents and any applicable carve-outs.
What are LOC loans and when are they useful?
LOC loans are revolving credit facilities secured against real property. They can be useful for borrowers managing renovations, acquisitions, or short-term funding needs who want standing access to capital rather than a fixed lump sum.
Who are small business start-up loans suited for?
They are designed for eligible owner-occupants purchasing property to operate a business from the commercial portion of a mixed-use building. Qualification depends on the borrower, the business, the property, and the requirements of the selected program.
Can I qualify without traditional income verification?
Some programs offer alternative documentation options, including no-income-check structures. Each program has its own requirements, and alternative documentation does not mean no documentation in every case.
Are there non-recourse loans for LLC borrowers?
Depending on the property, loan amount, ownership structure and lender requirements, LLCs and other business entities are eligible for non-recourse programs.
How much can I borrow at most?
Maximum loan amounts depend on the program and lender. There isn’t one number that applies to all transactions; instead, the right amount is determined by the particulars of each case.
Do foreign nationals qualify?
Foreign nationals and ITIN borrowers may qualify for certain programs. Eligibility, documentation requirements, and property criteria vary by program.
How fast can a mixed-use loan close?
The timeline varies by program, lender, property and transaction complexity. Bridge and private lending deals tend to move faster than conventional financing. Confirm expected timelines for each individual deal.