Business Purpose Loans for an Owner-Occupied Property

Business Purpose Loans for an Owner-Occupied Property

•51% or more is for business purposes only

•Must be for a business use

•Borrower must sign business purposes affidavit 


•Pre-Existing 1st Mortgage is not more then 29% Collateralized

 •Mixed-Use propertiesSale Lease-Back

•Max Loan 60% LTV


“Personal use restrictions”
•Refinancing the house is considered personal use

•Paying off personal credit cards is personal use 

•Paying off personal tax liens is personal use

MKG Financial Group Equity Fund Advisors LLC

4974 N Fresno Street Suite 627

Fresno CA 93726

Office (559) 293-4977

https://mkgfinancialgroup.com

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