Work with the top commercial mortgage broker in the industry offering highly competitive financing for all income producing real estate assets nationwide. Whether you are looking to acquire, improve, cash out, or refinance, our lenders will have the most competitive rates and terms.
Mobile home park finance options range from a traditional loan for mobile home park purchase to financing a mobile home park rehab, financing mobile home park with cash-out, and even mobile home park model financing.
Wondering how to finance a mobile home park? We have the expertise to guide you every step of the way on your way to financing new home in mobile home park properties around the nation.
Throughout the USA, the advantage of buying a mobile home park far outweighs the commitment required. It provides a permanent foundation for your real estate vision, with low or high LTV, manageable mortgage payments, and more. And with Clopton’s access to lenders and credit unions, your investment will be in the right hands. Plus, get the financing structure, down-payment, and mortgage that’s right for you— regardless of your market niche.
Why Get A Mobile Home Park Financing?
Do you own a mobile home park? If so, then the time has come to get mobile home park financing. A lot of people are unaware of rent-to-own homes for sale in Mobile, Alabama. With these types of homes, you can provide your tenants with an affordable alternative to renting or owning a house or apartment. There is no such thing as too much money when it comes to investing in property management and it’s important that you know how long your business will last before deciding what type of financial plan is best for you. The amount of income generated by properties like this one can be very lucrative and there are many benefits that come along with getting into the industry if it’s something that interests you.
Types Of Mobile Home Park Loans
- Multifamily apartment buildings, FHA
- Office (read more), retail, industrial, mobile home parks, self-storage
- Hotels (https://cloptoncapital.com/hotel-financing/)
- Secured Acquisitions, Refinances, Cash-outs, Construction
- Fannie Mae, Freddie Mac
- Fixed rate and Floating rate
- Non-recourse (more info) and Recourse CRE loans
- CMBS (more info here)
- 2nd mortgages, preferred equity investment, & mezzanine loans/financing
Commercial Mortgage CMBS
Commercial mortgage-backed securities (CMBS) are a type of asset-backed security. CMBS are bonds that are securitized from a pool of commercial mortgages. The payments from the underlying mortgages are used to pay the interest and principal on the bonds. CMBS are typically high-yield, and therefore, are popular with investors looking for income-producing investments.
Industrial Property Loan
A business could qualify for an industrial property financing if they need to purchase or refinance their property. It can be a long process in refinancing, but the return on investment is worth the wait.
A bridge loan is a type of short-term loan that is used to cover the gap between the purchase of a new home and the sale of the old one. Bridge loans are typically used by people who are unable to get a traditional loan from a bank.
Bridge loans are typically for a short period of time, usually six months or less. They are also usually for a smaller amount of money than a traditional mortgage. Bridge loans are usually interest-only, which means that you only have to pay interest on the loan each month.
The acquisition loan is a type of mortgage that allows you to purchase a mobile home park or other property. The borrower pays the difference between the purchase price of the property and the amount of money they have available to pay for it. An acquisition mortgage generally has little or no down payment involved, so you get 100% financing on your new home.
Interested in an acquisition loan? Speak to one of our professionals today.
When it comes to mobile home park refinancing, there are a few key things to keep in mind. First of all, it’s important to make sure that you have a good credit score. This will help you to get the best possible interest rate on your mobile home park loan. Secondly, it’s important to find a lender who is familiar with the mobile home park industry. Clopton Capital is one such lender, and we specialize in providing financing for mobile home parks and RV parks.
Clopton Capital is a company that offers mobile home park cash out loans. This type of loan allows you to get cash from the equity in your mobile home park. The loan can be used for any purpose, such as debt consolidation, home repairs, or vacations.
When it comes to financing the construction of a mobile home park, there are a few different options that you can explore. One option is to get a loan from a bank or other lending institution. Another option is to attract investors who will provide the money needed for the project. You can also seek out government grants or funding to help finance the project.
Why Get Mobile Home Park Financing With Clopton Capital
It is our goal to give our clients on-demand access to the most competitive commercial mortgage lenders in the country. Our multi-billion $ of closed deals over 10 years is evidence enough of our strength in developing commercial mortgage lender relationships. Moreover, right through the process from underwriting to closing the deal, you will always be kept abreast of developments on every aspect of your transaction in keeping with the heralded Clopton policy of full transparency. And no matter if your application is big or small you’re always on the receiving end of our undivided attention to get your funding in place as quickly as possible.
We Work Nationwide
Nationwide coverage means wherever your project is, we can help you achieve your vision.
Cover Various Loan Arrangements
Multiple loan arrangements are available, so that you can have a loan structured to meet your unique needs and help you get to where you want to be.
No Hidden Fees
Clopton is committed to having absolutely no hidden fees or unexpected charges, making the entire process transparent from front to finish.
Increased Cash Flow
Get more cash flow now to put toward your investments or pay off debts. That’s the power of working with Clopton Capital.
Mobile Home Park Loan Cooperation Process
Here’s the process for getting started with your mobile home park loan.
Want to submit an application? Speak to a representative at Clopton Capital today to get the process started right away.
Once your application has been submitted and reviewed, we can discuss the types of loan terms you’re seeking and what might be available to you within our network of lenders.
Gathering The Documentation
Next, it’s time to gather all necessary documentation showing proof of income and other required documents. This will help move the process forward to ultimately having your loan funded.
Getting The Loan
Finally, it’s time to get access to the loan you’ve been looking for. This is when your diligence pays off, with a loan that will allow you to make the mobile home park purchase you’ve dreamed of making.
Examples Of Our Deals
Here are a few examples of Clopton deals in the realm of mobile home parks.
Case Study 1
A borrower structured in an LLC wanted to purchase an office building in Fort Lauderdale for $9.5 million that was part of an association with 3 other buildings. The borrower planned to use 3rd party management on a non-owner occupied basis, thus buying the building purely as an investment. We structured a 75% loan-to-value non-recourse loan (i.e. a 25% down payment), with a 10-year very competitive rate, 2 years of interest only on the front-end that transitions to a 30-year amortization in year-3. Our client was satisfied with this arrangement as a way to maximize its cash flow and ROI on the investment, with the added benefit of zero personal recourse.
Case Study 2
A borrower in a partnership structure was facing a loan maturing with a balloon payment attached to an apartment building in KY. The investor wanted to contain closing costs and was uncertain what to do with the property. Its goal was a mortgage with a fixed rate but did not want any prepayment on the loan in case the partners decided to sell and repay their debt. We found a lender on our exclusive long-term relationship list able to arrange a commercial mortgage with a 5-year fixed rate, 25-year amortization that did not have any prepayment at all starting on day-1. This way our client was protected against rate increases for 5 years with enough latitude over that time-period to figure out if it wanted to sell or keep the property.
Case Study 3
A corporation borrower with a portfolio of retail centers in Indiana approached us to refinance and cash out on all of the properties. The properties were located across western Indiana and were comprised mainly of grocery-anchored shopping centers. We induced one of our mainstay lenders to structure a portfolio mortgage for $16.5 million across all the properties, that transferred over $6 million into the borrowers pocket, maintained a very competitive 10 year fixed rate and settled on a 30-year amortization, non-recourse.
Get In Touch With Us Now
Clopton (https://cloptoncapital.com/) is a national commercial mortgage broker in the business of matching borrowers involved in multifamily, industrial, commercial, and mixed-use real estate to lenders suited to their needs for asset-backed funding. Needs invariably include purchasing, refinancing, or rehabbing a property. Irrespective of your direction, our commercial mortgage loan officers will connect you to the best commercial loans at the most competitive rates and easiest terms available. We work every day with private investors, small/middle market real estate entities, and family offices everywhere in the US investing through partnerships, trusts, corporations, LLCs, Delaware Corporations, estates, and even as foreign nationals.