What is the limitation on commercial use of property on a conventional residential mortgage loan

This gets real tricky. Does the property have commercial today? Is this something you are looking to do after closing? What type of commercial are you talking about? An in-home daycare for example is pretty easy. I suggest talking to your local mortgage broker to go over what you are looking to achieve, and how it may effect a loan. For properties in MN, WI, or SD, visit me at www.StPaul-Mortgage.com