Semi Commercial Investment Mortgage
WHAT IS A SEMI COMMERCIAL INVESTMENT MORTGAGE?
A Semi-Commercial Investment Mortgage is a financial product designed for purchasing properties with residential and commercial elements, such as a shop with an apartment above it.
This type of mortgage blends residential and commercial lending, catering to investors who aim to generate income from mixed-use properties. Lenders assess both the property’s commercial potential and its residential element.
These mortgages often require a larger deposit and have different eligibility criteria than residential or commercial mortgages.
Key Benefits
PROPERTY ELIGIBILITY
Mixed-use properties qualified
Residential and commercial components
Location and condition considered
Compliance with zoning regulations
LOAN CHARACTERISTICS
Higher deposit requirements
Blended interest rates
Varied loan terms available
Secured against property
BORROWER CRITERIA
Strong credit history needed
Solid financial background is important
A business plan may be required
Experience in property management valued
GET IN TOUCH
WHY CHOOSE CLEVER COMMERCIAL?
Experienced. Trustworthy. Tailored.
Clever Commercial has spent over 30 years delivering tailored property financing solutions. As an award-winning brokerage, we offer competitive rates, flexible terms, and industry-leading service. Let’s build your future together.
We believe in our clients’ potential, and our commitment to their success has earned us their trust as dedicated mortgage brokers.
FREQUENTLY ASKED QUESTIONS
What is a Semi-Commercial Investment Mortgage?
It’s a loan for properties that have both residential and commercial elements, like a retail space with apartments above. This mortgage caters to investors seeking income from mixed-use properties.
Who is eligible for this type of mortgage?
Eligibility typically requires a good credit history, proven financial stability, and, sometimes, experience managing similar properties. A solid business plan can also strengthen the application.
How do loan terms differ from standard mortgages?
Semi-commercial mortgages often have higher deposit requirements, possibly higher interest rates, and varied loan terms, reflecting the mixed-use nature of the property and the associated risk.
What factors affect the mortgage approval for a mixed-use property?
Lenders consider the property’s location, condition, compliance with zoning laws, potential income from commercial and residential parts, and the borrower’s ability to manage such a property.
OUR CLIENTS THOUGHTS
RECENT TESTIMONIALS
Marc worked over many months to help me find the right financial product to suit my complicated refinancing project. Having identified the right product, Marc then worked for many more months to help me get the financing completed. I had so many issues that I had to face and at every obstacle Marc was on hand to help me to resolve it, and very often took it upon himself to do it for me. Marc went for beyond just brokering a good deal for me, he was my partner in making this happen. I could not have done this without his support. Thank you Marc for being so calm and patient and having faith when I had lost mine!
I. Knight
Marc has provided our company with excellent service and advice. He has vast experience and knowledge, and is able to advice on the most suitable lenders given our requirements.
Especially during the legal stage of the lending process, he facilitates and communicates with lenders in a way we would not be able to ourselves.
We would certainly not be where we are without his services. Highly recommended.
M. Dunn
The service provided for my bridging loan was second to none. The support I received was very professional and generous.
I would highly recommend Clever Commercial to everyone and anyone who needs a professional, caring and competitive rate for it’s loan or any kind of finance.
D. Dezfull
Marc has provided our company with excellent service and advice. He has vast experience and knowledge, and is able to advice on the most suitable lenders given our requirements. Especially during the legal stage of the lending process, he facilitates and communicates with lenders in a way we would not be able to ourselves. We would certainly not be where we are without his services. Highly recommended.
P. Strøm