Mortgage: Residential and 14acres with 5 locations. How do I separate my home mortgage business? I'm on a variable rate due to commercial rents, which are on the property where is my residence. The 14 acres is divided into four tracts. And my house is on a contract with a rental cabin. How can I split that I'm not trying to pay a variable rate increasing interest?
You need a survey to date with clear lines of demarcation. Submit an application with the Commission requesting zoning in the property division. Once approved, then reapply for two mortgages. One for the primary and one for commercial
Posted on October 17, 2010.
