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Mobility Home Parks Communities Nationwide |
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General Guidelines Geographic Coverage: Nationwide Loan Size: $1,000,000 and up Loan Types: Fixed Terms Terms: 1-30 years on Fixed Rates Loan to Value (LTV): 80% Loan Amortization: 30 years Liability: Non-recourse Lender Costs: $9,000 and up for 3rd party reports Prepayment: Declining balance or yield maintenance Closing Process: Typically 45 to 60 days from receipt of a complete application Assumability: Yes * Rates subject to change and can vary depending upon loan size, property quality, loan to value and debt service coverage.
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