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Multi-use property

Hello - I am selling my current property [Denver] and relocating to another state/city. Currently we are considering the Quad-city IA area. Presently I have a multi/use property [but zoned residential – single family] and am looking for the same type of property to move to. The issue in the 'rule-changed' market, since I bought my current location is a regular home-loan can not be obtained for a multi-use property. Would you be able to handle a property purchase with a 1/2 to 2/3s business use [the rest living]?? by info2514 from Denver, Colorado. Apr 2nd 2014 Reply


Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

You may need to find a portfolio lender, check a smaller local (community) bank or possibly a credit union. Good luck!

Apr 2nd 2014
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