Need a commercial lender for Mobile Home Park - $1.3 mm

Anyone know of any good lenders to use that pay premiums on mobile home parks? I have a few lenders but would like to see if anyone can beat there deal. Here’s the summary of what I am in need of:

Have a client that has high 700+ score. We need a stated income program. It’s purchase price is $1.3mm and need 80% LTV%. The property is a mobile home park + RV storage facility. If you can do this, please give me your info.

Have operating income summary statement and Financial Summary…
Assumable existing loan balance is available

100% fully occupied
California property
4 acres
21 total spaces

What kind of loan programs do you have available for properties of this type?

Looking to broker not co-broker…

no hard money.



Did you try looking in the Scotsmanguide? or going to [url=][/url]

or sorry that I did not mention them sooner

That should be an easy loan to place as long as the DSCR is at least 1.40.

Good Luck with it!

Don McClain

hey, thats a nice site!