How to Finance a Mixed-Use Property in Florida

How to Finance a Mixed-Use Property in Florida

Financing a mixed-use property starts with a pre-approval that accounts for the property's quirks. Then you match it to the loan that fits and shop that loan across lenders. The biggest mistake buyers make is choosing the property before confirming it is financeable on the terms they expect. We reverse that order.

A mixed-use property — say an apartment above a storefront — can be financed residentially or commercially depending on how much of it is residential. The ratio is the whole game.

When the residential portion dominates (commonly 51%+ of the square footage and value) and the commercial use is limited, certain lenders will write it on residential terms. Heavier commercial use pushes it to a commercial or DSCR loan, with larger down payments and shorter terms. The number of units and zoning also matter.

We assess the residential-to-commercial split and zoning, then match you to the lender whose box your property fits — residential when possible for the better rate, commercial when the use requires it.

Read the full mixed-use property financing guide, or compare other angles: Requirements · FHA · Conventional · DSCR.