Mobile Home Park financing is one of our niches. We have several lenders who can finance a loan for the mobile home park that you want to buy or refinance. Many banks have turned down borrowers because they do not want to finance a mobile home park, that's where we come in, we can help you!

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Call today and ask us about our mobile home financing programs!! Please include your full name, phone number, and a brief but detailed description on your financing needs.

- Our lenders have experience in mobile home park financing.
- Contact us today! We can be reached by phone, email and fax.

The Basics on mobile home park financing
- Very competitive rates
- Financing can include a 2nd position seller take back
- Keep your payments down with long term financing

More financing information
- Amortization up to 30 years
- Variable terms 20 to 30 year fixed
- Extremely competitive interest rates
- Many adjustable rate programs available
- Most loans are assumable with lender approval
- Prepayment penalty varies with individual loan
- Call for special quotes on loans up to $10,000,000 or more
- Up to 20% second lien position seller take back allowed in most cases

We provide financing for mobile home Parks. We are here to work with you to close the mobile home park loan that others will not do. Mobile Homes - Park Owned Units. Many mobile home parks today have mobile homes owned by the park, which were most likely acquired due to lease default. Although these park owned units greatly increase the net operating cash flow, the additional gross income they produce is not included in the appraisal and is not usually collateral for most commercial loans.

Manufactured homes have almost no equity value to a commercial lender because they depreciate quickly, do not hold up well in storms, and based on conventional thinking are considered "easy to move". In reality, most of the park-owned homes do not have wheels and would cost more to move than they are worth.

Furthermore, parks with a majority of park-owned units have average tenancy of 10 months. Because of this high turnover and higher vacancy rate, lenders prefer to lend on mobile home parks with 25% or less park-owned units.

However, if you would like to or, "need to" - finance a park with a majority of park owned homes, call us for an analysis of the park. We can provide you with financing options available for properties with a significant number of park owned units.