2 to 3.5 Star Mobile Home Park Financing Loans
Lock in lower rates before they go up!
www.ParkLending.com
The best way to get the best park loan rates & terms
2 to 3.5 Star Mobile Home Park & Communites
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
2 to 3.5 Star Park Financing Loans
General
Lending Criteria
There are local and regional lenders that can lend in this loan range but few that offer competative rates and terms for mobile home park loans. Some can be as much as 2% higher or add loan fees and origination points to confuse the true effective interest rate (cost) of the loan.
The interst rates you can expect (if there is an active park lender for your area at the time of loan) is from 0.5% to 1.0% above apartment rates and has closely mirrored the jumbo home rate in recent years.
There are so many variables that effect the interest rate and terms such as leases, LTV, DCR, rent control, park owned homes, location, condition. This makes it extremenly difficult for owners to compare quotes and know which lender and broker is for real and which ones are false.
We take the guess work out of knowing if the quote on your mobile home park loan is competitive. We can also help you determine the pros and cons of these loans and how they will affect your short and long term goals.s.
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Park Loans from 500k to $3 Million+
Max LTV 70%
20+ Spaces
2-3.5 Star Parks
3 to 10 Year Fixed Terms
25 to 30 year
Amortization
Rural or Metro Locations
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?
Choose your type of park loan below:
Financing loans for "Average" mobile home parks
2 to 3.5 Star Manufactured Housing Communities and Mobile Home Park
Financing Loans, 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.