Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Property Type
Mobile Home Park Loans
Select Commercial arranges mobile home park loans for the purchase and refinance of manufactured housing communities nationwide from $1,500,000, with up to 80% LTV through Fannie Mae, Freddie Mac, bank and CMBS programs. Compare today’s commercial mortgage rates.
Get a Free QuoteMobile Home Park Loan Rates & Terms
| Loan Type | Rate* | Max LTV |
|---|---|---|
| 5 Year Fixed | 6.18% | 80% |
| 7 Year Fixed | 6.18% | 80% |
| 10 Year Fixed | 6.18% | 80% |
- Loan amounts from $1,500,000, no maximum
- Manufactured housing communities nationwide
- Up to 80% LTV
- Agency, bank and CMBS options
- Purchase, refinance and cash-out
- Terms and amortizations up to 30 years
Rates are indicative and update with the market. Agency underwriting determines final terms.
Compare Your Mobile Home Park Loan Options
Manufactured housing communities are favored by agency lenders. Typical starting points:
| Program | Typical rate* | Max leverage | Best for |
|---|---|---|---|
| Fannie Mae / Freddie Mac agency | 6.18% | Up to 80% | Stabilized communities, non-recourse |
| Bank / portfolio | 6.18% | Up to 75% | Smaller parks, flexible underwriting |
| CMBS / conduit | 6.67% | Up to 75% | Larger parks, non-recourse |
| Bridge | 9.00% | Up to 75% LTC | Value-add and lease-up |
Agency lenders favor manufactured housing communities for their stable cash flow and affordable-housing role, often with the tightest pricing and non-recourse terms.
Manufactured Housing Communities We Finance
We offer mobile home park loans for the purchase or refinance of manufactured housing communities nationwide, from $1,500,000. Mobile home parks are also called manufactured housing communities, and we finance a wide range of them:
- Stabilized communities with pad-site (lot) rentals to homeowners
- Parks with city utilities and parks with private utility systems
- Purchase, refinance and cash-out
- Value-add and lease-up parks through bridge financing
Manufactured Housing: 2026 Outlook
Manufactured housing communities remain one of the most resilient property types, and 2026 fundamentals are strong even as regulatory attention increases.
High, rising occupancy. National occupancy sits near 93% to 94%, up from about 86.5% a decade ago, reflecting durable, structural demand.
Affordability drives demand. With median home prices above $400,000 in many metros and nearly half of renters rent-burdened, demand for attainable housing keeps pressure on this sector, while new supply remains very limited.
Firm pricing. National cap rates are around 5.9%, down roughly 40 basis points over the past year, with premium Sun Belt and coastal parks trading near 4% to 5%, stabilized Class B parks near 6% to 7%, and value-add parks in the 7.5% to 9% range.
Watch the rules. Lot-rent growth of 3% to 5% is a sensible underwriting assumption, though some markets have seen more. Owners should anticipate increased regulatory scrutiny, including tenant-protection and rent-regulation proposals, which has already widened cap rates modestly in states debating rent control.
Why Finance Your Park With Select Commercial
With more than 30 years of experience and relationships across Fannie Mae, Freddie Mac, bank and CMBS lenders, we place manufactured housing community loans on the best available terms and compare every option for your park. There are no upfront application or processing fees, and we issue written pre-approvals within 48 hours at no cost or obligation.
What Our Clients Say
“Select Commercial was very helpful with my multifamily mortgage. Stephen went over several options and we came up with the best lender to meet my needs. I got the funds and also lowered my payments.”
Gary M. · Portland, OR“I spoke to several commercial lenders before finding Select Commercial. They got me a lower rate and their service was exceptional. If you need a multifamily loan, you need to talk to Stephen.”
Nathan B. · Philadelphia, PA“I found selectcommercial.com and saw they specialized in apartment building loans. In the end, they were by far the best company I have used. Next time I know who to call first.”
Jerry T. · Long Island, NY“As a real estate attorney, I trust that Select Commercial will deliver apartment building loans and commercial mortgages in a timely manner. The rates and terms offered are excellent. I heartily recommend them.”
David S. · New York CityGet Your Mobile Home Park Quote
No cost, no obligation. Written answers within 48 hours on manufactured housing community loans from $1,500,000.
- No application or processing fees
- Written answers within 48 hours
- For 5+ unit and commercial properties, $1.5M and up