Mobile Home Park Financing
Program 1 - For borrowers with a high credit score looking for a low rate
- $1,000,000 minimum loan amount
- 5 year fixed rates starting in the 4's
- 5,7,10,12 15 and 30 year fixed rate loans are available
- 30 year amortization, often with initial interest only term
- Flexible prepay available
- Non-recourse
- No tax returns required
- 85% occupancy and credit score of at least 680 required
Program 2 - For borrowers looking for more flexibility
- Loans amounts from $200,000 - $5,000,000
- Rates starting at 6.125%
- 5, 7 and 10 year hybrid loans, 30 year amortization
- LTV's up to 75%
- Credit Score 550 (500 case-by-case)
We offer two (2) options for the financing of trailer parks.
Contact us today! We would be happy to discuss your commercial loan scenario with you.
970-663-7306
