Atlantic Bank of New York says most of its branches are in neighborhoods with many properties that combine residential and commercial units.

"To better meet the needs of the communities we serve, we are now offering fixed and adjustable rate mortgages for mixed-use properties with up to five residential units," said David Slackman, group executive for consumer banking.

The mortgages are available to individuals, partnerships, and corporations for up to $500,000.

Atlantic said it planned to hold the loans in portfolio and thus did not have to concern itself with secondary market restrictions.

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