Podcast
Small Business Owners: Find the Perfect Mix
The notion of leaving a 9-5 job and working from home is a reality for millions of Americans – and recently, with a massive shift in the nation’s real estate market, unique types of inventory have been converted to an emerging category in homebuying: the Live/Work loft.
A Live/Work loft is a residence zoned for a live/work situation (i.e.: living and working in the same building), allowing the borrower to, literally, run a business from home.
More and more existing business owners are considering live/work areas to save on commercial rental costs, and clients buying live/work units vary from attorneys to artists to musicians to furniture builders. What’s more, the $8,000 first-time homebuyer tax credit extends to live/work residences!
All types of loan programs and products are available for live/work lofts – and loan approval and turnaround times are similar to those found in residential financing.
For more information on live/work spaces and how they might help you consolidate costs associated with your business and your home mortgage, call me today!
To listen to a podcast on Live/Work residences, please visit www.perlmortgage.com!







PERL Mortgage is an Illinois residential mortgage licensee (MB0004358) and equal housing lender