4-5 Star Mobile Home Park Loans and Financing
Lock in lower rates before they go up!
www.ParkLending.com
The best way to get the best park loan rates & terms
4-5 Star Manufactured Housing Comminites
Financing loans for 4-5 star mobile home parks
Loans $3 Million and above
4-5 Star Park Loans
Loans $500k to $3 Million
2-3 Star Park Loans
Loans $300k to $1 Million
0-1 Star Park Loans
Loans $500k and above
RV Park Loans
4 to 5 Star Park Financing Loans
General
Lending Criteria
Mobile home park loans for properties of high quality and higher loan amounts generally qualify for the lowest rates and longest terms compared to lower quality parks. This is due to capability of institutional lenders to lend larger amounts of larger money over much longer periods of time. Many regional and local lenders can only accommodate a few if any large park loans, but if timed right they can offer rates and terms comparable to large institutional lenders.
Most of these loans are fixed from 10 to 30 years at rates similar to luxury apartment complexes. However, these loans are for more strict and harder to obtain. They also have more reporting, attorney fees and other costs that are required by the lender because they are considered mortgage backed securities vs. a portfolio loan that is kept in-house by regional lenders. Typically there is a defeasance or large prepayment penalty associated with these loans.
We can help you project the pro's and con's of these loans and how they will affect your short and long term goals.
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Park Loans from $3 Million and Above
Choose your type of park loan below:
Max LTV 75%
100+ Spaces
4-5 Star Parks
City Water
10 to 30 Year
Fixed Terms
Non-Recourse
Low Vacancy
Metro Location
TIP: A 30 year fixed loan can actually increase the future value of your park! Ask Us How.
Get a confidential, no obligation assessment of your current mobile home park loan as well as analysis of the pro's and con's vs. a new park loan.
Is a new park loan right for me?
4-5 Star Manufactured Housing Communities and Mobile Home Park
Financing Loans in CA, AZ and NV
Information about mobile home parks financing loans and RV park financing loans have been obtained for souces deemed reliable but is not gauranteed. Independent evalution is strongly recomended before obtaining a new park loan or financing.
