Mobile Home Park
Mortgage Loan Financing
Mobile home park or trailer
park mortgage land financing is available in
2014. There are a few different types of financing for
mobile home parks facilities no matter where
you are in the development process.
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Permanent or long loans -
(Best rate options)
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Land Loans - (Ideal for
mobile home parks)
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Bridge Loans - (Short term
loan, interest only)
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Hard Money Loans -
(Non-conforming)
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Small Balance Mobile Home
Park Mortgage
Our loans for
purchasing mobile home parks are secured by
a first mortgage only. We
finance existing debt or cash out of your
trailer park
project, and have private hard money
financing and bankable credit partners that
are eager to lend during the last half of 2014.
Many individuals come to us
to mortgage their mobile home
park/trailer/RV park land
for the continued development cost such as
engineering, architectural renderings, or
simply to by time during the planning process
with local government bodies. If there
is equity in the park, we can often times
help. Give us a
call today to discuss your needs.
The mobile home park can
either be a lot rent model or the park owner
can actually own the trailers themselves.
The park should be in an
area that is feasible to build and
construct, have a demand, and well be very
well positioned within the community.
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Mobile Home Park Trailer
Park RV Rates
It's really difficult to
accurately quote rates these days because we
underwrite using common sense based upon a
set of question we ask upon on initial
conversation with you.
Below is a general idea of
the type of bankable and hard money Mobile
Home Park land rates you will receive for
well qualified properties and borrowers
alike.
-
1 year to 30 year note
financing
-
5.99% to 11% interest only
or fully amortized
-
Low to no pre-payment
penalties
-
Loan origination is
typically 1-4% of the loan
Financing for well located
and desired Trailer park facilities properties. We work
with good and bad credit borrowers.
Both full disclosed income and non-traditional bank loans
are offered.
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Mobile Home Park
Loan Rate Products:
If you are located in areas such as
Indiana, Minnesota, Florida, Tennessee, Georgia, Utah,
Nevada, California,
Texas, Kansas, Iowa, Illinois,
South Dakota, Washington, New Mexico, Oregon, North
Dakota, North Carolina,
South Carolina, Indianapolis and other
market considered on a
Nationwide basis.
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