How To Get A Loan For A Mobile Home Park
JB
Jeremiah Boucher Founder, Patriot Holdings • Author of Finding Your Edge
Key Takeaways
- Agency debt (Fannie/Freddie) is available for qualifying parks — 75-80% LTV, competitive rates, 10-year terms.
- Seller financing is common in MHP — many long-term owners prefer installment sales for tax reasons.
- Start with a smaller park and use cash flow plus forced appreciation to build equity for the next deal.
- CMBS and local bank debt work for parks that don't meet agency standards — know your lending options.