Lenders for MHP - 100% Park-Owned Homes
Hello, I'm looking for a lender to provide a commercial loan on a MHP in which I will own all of the units as well. Park is located in California. Ideally seeking 80% LTV. It's my understanding that a loan like this is going to be roughly 70%-75% max LTV, recourse, and fixed for about 5 years. If anyone knows of any lenders that aren't scared of mobile home parks, please send them my way!