What kind of loan terms are usually given with RV parks
Hi, I am looking into purchasing an RV park. I am wondering what terms there are for these kind of loans. Thanks in advance!
Most Popular Reply
I usually see these at 70-75LTV on 30 year fixed rates between 9-11% at par pricing. No cash flow requirements if the loan is under $750k and no lender points.
Cheers!
- Nick Belsky
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Belsky Mortgage, LLC
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