Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

28
Posts
0
Votes
Darrick Lowe
  • Brooklyn, Ny
0
Votes |
28
Posts

Which banks offer FHA on MIXED USE properties?

Darrick Lowe
  • Brooklyn, Ny
Posted

I've been having some difficulty finding a bank that would offer an FHA option for a mixed use property (2 residential, 1 store/office). Has anyone had success getting one? In addition, if i were to find a bank that offers this package, what kinds of hurdles should i expect to encounter before loan is approved (e.g. appraisal, state/local ordinances, etc)?

Most Popular Reply

User Stats

1,841
Posts
801
Votes
Upen Patel
  • Lender
  • Nationwide Lender
801
Votes |
1,841
Posts
Upen Patel
  • Lender
  • Nationwide Lender
Replied

@Darrick Lowe FHA does allow for the purchase of an owner occupied mixed used property. There are very specific requirements. You need to find a lender that doesn't have any internal overlays.

  • Upen Patel
  • [email protected]
  • (571) 331-5161
  • Loading replies...