Mixed Use/Short Term AirBNB
Mixed Use loans are used when getting a loan for a building that will have more than one purpose. These purposes can be residential, commercial, industrial, or institutional. These loans can be short or long-term ranging from 6 months to 30 years. Any building with 2 or more units can qualify for a mixed-use loan.
Who Does Mixed Use Loans Benefit?
· Real Estate Investors looking for both commercial and residential tenants.
· Business Owners looking for both work and living space
· Business Owners looking to be a landlord
· Real Estate Developers looking to build a Mixed-Use Development
Mixed Use Loan Benefits
· Tends to be less risk for the borrower due to multiple income options.
· More convenient for consumers due to not having to drive from store to store.
· Mixed-Use can be more environmentally friendly due to all stores being located within walking vicinity.
The Benefits of Getting a Loan From Tampa Bay Home Mortgage
· You are able to complete your application completely online with live help.
· Our home loan experts are available to chat via chat, email, and telephone to assist you
· Our great customer service continues even after you close
· You can manage your mortgage online after you close. Also, no hidden fees
Why Choose Tampa Bay Home Mortgage
Tampa Bay Home Mortgage is ready and willing to provide quality service to those in need. We treat each need in accordance to the person and their needs. Choose us today!