Mobile Home Park Financing

Keith D. Harris,

Managing Partner
2772 E. 75th St. #2 A-N
Chicago, IL 60649
Toll Free Phone
1-877-734-5164
Phone (773) 734-5164
Fax (773) 734-5381
harrisnote@yahoo.com

Mobile Home Park Financing

Harris Note Investors specialize in the financing for the smaller to mid-size mobile home park investor. Our financing range in size from $500,000 to the $30,000,000. We have favorable interest rates, which depend on the credit history of the buyer. Our loan to value range from 60% to 85% depending on the loan size and the quality of the park. We finance mobile home parks nationwide. We provide creative and flexible solutions to your mobile home park buying needs.

How to get started:

Please call us at (773) 734-5164 to speak to a mortgage consultant and your loan can be closed in three to five weeks.

We specialize in Mobile Home Park Financing- Nationwide

Loan Amount: $500,000 to $30,000,000
Term: 5, 7, 10, 15, 20, 25 years
Amortization: 25 or 30 years
DSCR: 1.30

Pricing = 150 - 300 basis points over the 10 years treasury bond
Points: 1 to 2 maximum
Maximum LTV: up to 80% for Purchase and Refinance
Recourse: None in most case
Documents Required:
-Engineering Report
-Phase I Environmental Report
Appraisal: An appraisal is required by a Licensed MAI Appraiser
Other Programs: Multiunit and Commercial loans, Conduit, Private, Hard money, and Bank Finance, Mixed use, Special purpose and Commercial Note Buyers, $500,000 to $30,000,000

Click here to fill out the Quick Loan Request Form.