Just what are FHA’s criteria getting a blended-fool around with possessions?

Just what are FHA’s criteria getting a blended-fool around with possessions?

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Home buyers may use a keen FHA loan purchasing a blended-explore, multi-device possessions having a deposit away from only step three.5% of property’s purchase price.

FHA’s low down percentage choice and versatile system direction enable it to be simple for homebuyers, also first-timers. You might own the structure where you happen to live and you will performs otherwise make money regarding domestic and you may industrial tenants.

What’s a blended-use assets?

A routine combined-play with property into the il are a multiple-tale strengthening during the a heavily populated area. Basically, the economic room are a ground-floor retail store, work environment, otherwise eatery. Meanwhile, the brand new domestic equipment are renting toward higher flooring .

  • Assets types of: FHA allows 2-to-4-product functions with industrial place, offered a minimum of 51% of your whole strengthening rectangular video footage is actually for domestic fool around with. อ่านเพิ่มเติม