mixed-use re-fi - Posted by Mike

import · April 17, 2003, 2:32pm

Posted by LEO KANE on July 02, 2003 at 12:21:47:

LOOKING FOR A 90% LTV PURCHASE, PROPERTY HAS 2 GARAGES ON IT BUT NO ENVIRORMENTAL ISSUES. NO BURIED GASOLINE OR OIL TANKS. THE PROPERTY WILL BE OWNER OCCUPIED

import · April 17, 2003, 2:32pm

Posted by Mike on April 17, 2003 at 14:32:40:

I have a property that is being used both residential and commercial. No bank I spoke with will do re-fi under current use. The current loan is a SFR type loan with a fixed of 9.75. I know I could re-fi w/ an online broker or bank and fib about usage. Is this far too great of a risk? It is in residential and/or commercial zoning. It looks like a house w/o signs on front of building.

import · April 21, 2003, 12:07am

Mixed use Lenders - Posted by Joe

Posted by Joe on April 21, 2003 at 24:07:56:

I have serveral lenders that deal with mixed use properties.
If you still need assistance, please contact me.
Joe
Olympic Funding
847-935-6026

import · April 18, 2003, 12:24pm

Re: mixed-use re-fi - Posted by Les@MBA Financial

Posted by Les@MBA Financial on April 18, 2003 at 12:24:39:

ALL lenders are going to require an apraisal, so there goes your cover. Call it what is is, a mixed-use property. I deal with several commercial lenders who finance this type of property.

I would need to know more about you, the property and the terms you’re loking for, so give me a call (443-528-0913)