Mobile Home and RV Parks Commercial Loans
-Application and Submission Checklist for MHP R E Only
Submission Checklist for Mobile Homes Owned by Park
National Commercial Property Loans provides loans for Mobile Home Parks (MHP) anywhere in the US. MHP's are treated as multifamily properties thus receiving the best rate and terms on the loans. MHP are considered Great "Cash Cows" producing high cash flows for the owners.
National Commercial Property Loans provides financing to Purchase; Refinance and Rehab for Mobile Home Parks.
Financing is available for the real estate (pads) and permanent structures.
Lines of credit may be available for park owned units and existing notes or mortgages.
Stated Income and Full Documentation loans are
Initial Information Needed to Pre-Qualify Property: (email or fax information)
- Current Rent Roll
- Year to Date Income/Expense report
- Last three (3) years property income tax returns
- Pictures of property (if available)
- Information on Borrower's experience in MHP and or Real Estate
to Discuss Details