Can I get residential financing for a mixed-use property in Brooklyn, NY?
Property is zoned R6 with a commercial overlay and consists of a storefront with an apartment above. I want to occupy the whole building as a resident and use the storefront for an art studio.
Is it possible for me to get a residential mortgage given this situation?
I have excellent credit and can put down 200k for the 600k property, but am looking to avoid the much higher interest fees for the commercial loan, and I also want a 30-year fixed rate.