Mixed-Use Mortgages in Florida
Flexible Non-QM Financing for Properties That Mix Home and Business Space
At NonQmMortgage.com, we help investors, business owners, and property buyers get funding for mixed-use properties, even when banks turn them down. If you are buying or refinancing a building that mixes residential and commercial space, our non-QM mixed-use mortgage in Florida makes it simple to qualify and close. You do not have to fit the strict rules and occupancy requirements that conventional lenders put on these properties.
Mixed-use buildings are difficult to finance the normal way, but they do not have to be. We look at how the property actually works, including its rental income, its cash flow, and its mix of uses, then match it to a loan that fits. Whether you are growing your portfolio, running your own business downstairs, or making your first mixed-use purchase, NonQmMortgage.com is your partner from start to finish, with flexible terms, practical underwriting, and fast, clear answers.
Program Highlights
- Non-QM financing built for mixed-use (residential + commercial) properties
- Buy or refinance under one simple loan
- Cash-out options available based on your LTV and borrower profile
- Works for 1–4 residential units with attached commercial space
- Both owner-occupied and investment (non-owner-occupied) properties are welcome.
- Run your own business in the commercial space—or lease it to tenants
- Qualify on personal, business, or rental income
- Property cash flow counts toward your approval
- Residential space must make up at least 51% of the building
- Flexible underwriting based on real-world property use, not rigid labels
- A smart option when traditional lenders say no
- Competitive terms with room to structure the deal your way
NonQMMortgage.com’s Loan Programs
What Are Mixed-Use Loans?
A mixed-use loan is financing for a property that holds both living space and business space in the same building. People use one to buy a mixed-use property, refinance a building they already own, or take cash out against its value. At NonQmMortgage.com, we write these as non-QM loans, so the deal is judged on how the property actually earns money instead of being forced to fit the rules a bank uses for a standard home loan.
These properties are common across Florida, from busy downtown blocks to older main streets. A few typical examples are a store or restaurant on the ground floor with rental apartments above it, an office or studio that doubles as the owner’s home, and a small multi-unit building where part of the space is rented to a business. In most cases the living space has to be the larger share of the building, usually at least 51% of the square footage. That keeps the loan tied to residential lending while still leaving room for the commercial side.
A mixed-use loan is usually approved only after the lender checks what the property is worth and confirms it can be used the way you plan to use it. That means an appraisal, a review of the zoning, and a look at the lease or business income tied to the commercial portion. The point is to make the value and the risk clear before the loan is issued. Because this is non-QM lending, the review is more flexible than a bank’s, but it is also more detailed, so having your paperwork in order helps the loan move faster.
Types of Mixed-Use Loans in Florida
Mixed-use loans come in a few different forms. The right one depends on your property plans and income proof. At NonQmMortgage.com, we set all of them up as non-QM loans, which gives borrowers more room than a standard bank program. Here are the main options.
Purchase Loans
Financing to buy a mixed-use building, whether you plan to run your own business in part of it or rent the whole property out. It works for first-time commercial buyers and seasoned investors.
Refinance Loans
A refinance replaces the loan you already have on a mixed-use property. Borrowers use it to lower the payment, switch to better terms, or replace a loan that is about to come due.
Cash-Out Refinance
A cash-out refinance lets you borrow against the equity in a mixed-use property and take the difference in cash. The money can go toward repairs, a down payment on another building, or business costs. How much you can take out depends on the property’s value and your profile.
DSCR (Rental Income) Loans
With a DSCR loan in Florida, you qualify based on the income the property brings in instead of your personal pay stubs. The rent from the apartments and the lease income from the commercial space are measured against the loan payment. This fits investors who want to keep personal income out of the file.
Bank Statement Loans
Bank statement loans are built for self-employed borrowers and business owners. Instead of tax returns, the lender reviews the deposits in your bank statements to confirm income. This helps people whose tax returns do not show their full earnings.
Full-Doc (Standard Income) Loans
If you would rather qualify the usual way, you can document personal or business income with standard paperwork. The underwriting still stays flexible, since these are non-QM loans that weigh the strength of the property along with the borrower.
Many of these work together. For example, you might do a cash-out refinance and qualify with bank statements on the same property.
How to Qualify for a Mixed-Use Loan
Qualifying for a mixed-use mortgage in Florida is a process, and it looks at both you and the property. On the borrower side, the lender reviews your credit, your assets and cash reserves, and your income. You can qualify for a mixed-use mortgage based on personal income, business income, or the rent the property generates since it is a non-QM loan. Credit standards are more flexible than a bank’s, but the lender still wants to see that you can cover the payment. For investors, your experience managing similar properties may also be relevant.
The property has to check out as well. The lender orders an appraisal to confirm what the building is worth and that its condition fits the loan. That value sets how much you can borrow against the property, known as the loan-to-value. They also confirm the zoning allows mixed use and that the building can legally be used the way you plan. In most cases the living space has to be the bigger part of the property, usually at least 51 percent of the square footage. The commercial portion gets a closer look to make sure it does not add too much risk.
Since these loans are non-QM, the review is more flexible than a bank’s but also more detailed, so clean paperwork and the right setup make a real difference. If you are uncertain whether you qualify, NonQmMortgage.com can walk you through it step by step. To get started, call (800) 819-7988 or request a fast quote.
Find the Right Loan for Your Mixed-Use Property
You don’t have to finance a mixed-use property in Florida alone. Our mixed-use mortgage specialists handle these properties every day, so we know how lenders look at them, what the 51 percent residential rule means for your file, and how to qualify you on rent, business income, or bank statements when a bank turns you down.
That experience is backed by real credentials. NonQmMortgage.com is a registered mortgage broker with the Florida Office of Financial Regulation (NMLS #2246769), and we arrange every loan through a network of lenders who understand how mixed-use buildings actually work. We tell you where you stand up front, explain your options in plain terms, and keep the process clear from the first call to closing.
When you are ready to talk it through, reach out to our Florida team. Call (800) 819-7988, email support@nonqmmortgage.com, or visit us at 4111 South Ocean Drive Ste. 2, Hollywood, FL 33019. We will review your property and your income and help you find the right mixed-use loan.
Frequently Asked Questions
What is a mixed-use property loan?
A mixed-use property loan is financing for a building that has both living space and business space, like apartments over a store. You can use it to buy, refinance, or take cash out of that kind of property.
How does a mixed-use loan differ from a traditional mortgage?
A traditional mortgage is for a home you live in. A mixed-use loan covers a property that is part home and part business, so the lender looks at the rent and business income the building earns, not just your paycheck.
What are the typical qualification requirements for a mixed-use loan?
The lender checks your credit, your cash reserves, and your income, which can come from a job, a business, or the property’s rent. The building needs an appraisal, has to be zoned for mixed use, and usually requires the living space to make up at least 51 percent of the square footage.
Can I live in a property financed with a mixed-use loan?
Yes. Many borrowers live in one unit and rent out the rest or run their own business in the commercial space. Please review the loan terms, as some programs are designed for owner-occupied properties while others are intended for investment.
How do lenders assess mixed-use properties?
They order an appraisal to confirm the value and condition, review the zoning and allowed use, and look at the income from both the residential and commercial sides. The commercial space gets extra review because it can take longer to re-rent than an apartment.
How can NonQmMortgage.com help me secure a mixed-use loan?
We work with mixed-use properties every day and arrange loans through lenders who understand them. We review your property and income, tell you where you stand, and guide you from the first call to closing. Call (800) 819-7988 or request a fast quote to start.
What's the difference between a mixed-use property and a mixed-commercial property?
A mixed-use property combines living space and business space, like apartments above retail. A mixed-commercial property blends two or more business uses with no homes, such as a building with offices, retail, and a warehouse.
What's an example of a mixed-use property?
A common example is a store or restaurant on the ground floor with rental apartments on the floors above. An office that shares a building with a residence is another.
How do I manage a mixed-use property?
You are handling two kinds of tenants at once. Keep separate leases, since commercial leases are usually longer and more detailed than residential ones. Budget for upkeep on both the shared areas and each space, screen tenants on both sides, and keep your insurance and zoning current. Many owners hire a property manager who has handled mixed-use buildings before.