Mobile Home Park Loans
Commercial Loan Guidelines
Designed for existing, multifamily properties with five or more units and mobile home parks.
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| AMOUNTS: | $500,000 - $100 Million
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| TERMS: | 2, 5, 10, 15, 30 years
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| MARGINS: | 50 - 500
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| AMORTIZATION: | 30 years
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| MIN DSCR: | 1.2X
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| LOAN-TO-VALUE: | Up to 85%
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| RECOURSE: | Non-recourse/ subject to standard carve outs
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| PREPAYMENT: | Declining fixed
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| LOAN FEES: | Par to 1%, Each deal is priced individually.
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| REPORTS: | PCA - Property Condition Report
Phase 1 - Environmental Survey
MAI - Appraisal
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| CLOSING: | 45 days
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* The above data is for informational purposes only and is subject to change.
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