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We do not have lenders for mobile home parks where the
majority of the mobile homes or trailers are "Park owned."
The vast majority of the mobile homes must be "Owner Occupied." We also find it very difficult to finance parks with a large percentage of RV's
If the mobile home park loan amount is $2,000,000 or more, Barclay Associates can arrange non-recourse loans for purchase or refinancing. Check the low fixed rates, and good terms shown below for
mobile home park financing.
To get a simple loan application Click here:
Income property application. and follow
directions.
Click below for information about:
smaller mobile home park loan amounts
DETAILS FOR MOBILE HOME PARK LOANS OF $2,000,000 OR MORE.
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Property Type: Mobile home parks
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Geographic Region: Nationwide mobile home park financing
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Loan Function: - Mobile home park refinancing, loans for purchase of a mobile home park
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Loan Amount: $2,000,000 and over
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Loan Term: 5, 7, 10, 15 and 25 year term for mobile home park loans
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Amortization period: 20 to 30 years
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Assumable with fee
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Loan-to Value: Mobile home park loans - 75% maximum LTV.
- Debt service coverage: Minimum 1.20x to 1.3x
- Non-recourse - Mobile home park loans are non-recourse except for standard carve outs
- Our lenders can usually issue Mobile home park financing commitments within four weeks after receipt of
full documentation
Informative and detailed information of great value to income property buyers
can be seen at
Income Property Buyers Tips This new section includes a
Special Report which explains how to
calculate the true value of an
income property. A continually expanding “FAQ”
(Question and Answer) page is also included. We invite you to visit this area of our web site.
CONTACT BARCLAY ASSOCIATES TODAY FOR MOBILE HOME PARK FINANCING
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How to Contact Us
E-mail-Click here ==>
jspat@snip.net
BARCLAY ASSOCIATES - Cherry Hill NJ
Fax: 856-795-8817
Please DO NOT PHONE THIS FAX NUMBER. It IS NOT A PHONE NUMBER AND IS ONLY FOR FAXES. Send us an E-mail with some details of your financing request and we will then reply via e-mail with our phone number and full contact information.
Copyright © 1997-2009 JS Inc./Barclay Associates-All Rights Reserved
IMPORTANT - Our financing sources HAVE FUNDS NOW and are generally unaffected by the current financial crisis.
Please e-mail or fax us with your financing request. Click on the e-mail address above. It is important to send your:
Full name, phone number and a paragraph or two describing your financing needs.
BROKERS and other intermediaries- WE WELCOME BROKERS. It is EXTREMELY IMPORTANT that you [CLICK HERE] to obtain full information about our referral fee program and our referral fee rates to brokers.
- We DO NOT finance residential properties-only commercial
- PLEASE DO NOT SEND faxes over 5 pages without calling us first.
- We DO NOT have funders for commercial mortgages or business financing outside of the United States.
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We welcome brokers-for more broker information:
[Brokers Click Here]
FINANCING FOR:
[Apartment buildings]
[Office buildings]
[Industrial buildings]
[Real Estate Developers]
[Healthcare facilities]
[Shopping Centers]
[Mini storage facilities]
[Mobile home parks]
[Hard Money Loans]
[Raw land loans]
[SBA Mortgage Loans]
[Equipment Leasing]
[Real Estate Development Loans]
MINIMUM LOAN AMOUNTS
- INCOME PROPERTIES - COMMERCIAL MORTGAGE LOANS- (apartment and office building loans, self storage and mobile home park financing etc.- not raw land/land developer loans) - $250,000 minimum loan amount. ($325,000 minimum if referred by broker) Multi-family (apartments) must be 6 units or more (in NJ, 10 units or more).
- RAW LAND LOANS OR LAND DEVELOPMENT LOANS - $500,000 minimum loan amount. ($650,000 minimum if referred by broker). For loans secured by land the "As is" value of the land should be twice the minimum loan amount.
- SBA LOANS - $400,000 minimum loan amount $500,000 minimum if referred by broker).
- OTHER BUSINESS LOANS - $500,000 minimum loan amount $600,000 minimum if referred by broker)
- FACTORING AND ASSET BASED FINANCING (loans based on receivables, inventory, equipment & real estate) - loan amount $100,000 to $200,000 or more.
- OTHER TYPES OF FINANCING NOT INCLUDED ABOVE - contact us for minimum loan amounts.
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Copyright © 1997-2009 JS Inc./Barclay Associates-All Rights Reserved |
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