Mobile Home Park Loans

Direct Commercial Funding offers low fixed rate permanent financing for mobile home parks and manufactured housing communities located in average to above-average locations nationwide.

With fixed interest rates starting at 95 BPS above the comparable "on the run" Treasury rates, leverage to 80%, and low closing costs, Direct Commercial Funding Conduit Mobile Home Park Loan program is among the most competitive mobile home park financing programs in the nation.

Borrowers with mobile home park loan sizes under $1.5 million, sites with less than 50 pads, or prefer a non-conduit product, Direct provides mobile home park loans under its DCF Series Apartment Loan Program. The DCF-Series program offers comparable interest rates with lower loan costs and 30 year, non-balloon terms.

Loans For Mobile Housing Communities

The mortgage rate for a mobile home park is directly related to the overall risk of the property & borrower given each unique situation. Not all mobile home park capital sources are the same and we will be flexible in underwriting.

Each park is underwritten using a 1 to 5 star system. 1 star being dirt/gravel roads, no amenities, older mobile homes, numerous park owned homes, high single wide ratio, etc - 5 star mobile home parks would suggest paved roads, curbs & guttered streets, lot rent controlled, individual meters, concrete pads, pool, clubhouse, well located metro areas, etc.

Mobile Housing Park Financing

Depending on the location, quality of the park, loan amount, documentation provided, & timeframe necessary to close we strive to provide the lowest mobile home park interest rate and best possible term given your unique situation.

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