Buying A Commercial Property With A Residential Mortgage -

Even if you intend to use a property for income (like renting out all units), a building with can often be financed with a residential loan (specifically a "buy-to-let" or standard investment mortgage) rather than a commercial one. 3. Using Home Equity for a Commercial Purchase

However, there are a few specific scenarios where the lines between residential and commercial financing can overlap: 1. Mixed-Use Properties (Residential + Commercial) buying a commercial property with a residential mortgage

: These loans are generally restricted to properties with 1–4 units . Once a building has 5 or more units, it is almost always classified as commercial. 2. Properties with Up to 4 Units Even if you intend to use a property

: You must typically live in one of the residential units as your main home. Properties with Up to 4 Units : You

While the mortgage on the commercial property must be a commercial one, you can use your to help: