Mobile Home Park Loans

Loans from $1 Million to $25 Million+

Mobile Home Park Loan Rates - Rates updated June 28th, 2022

Loan Product Rates (start as low as) LTV
5 Year Fixed Rates 4.72% Up to 80% Get Free Quote
7 Year Fixed Rates 4.78% Up to 80% Get Free Quote
10 Year Fixed Rates 4.86% Up to 80% Get Free Quote
Mobile Home Park Loan Mobile Home Park Loan

We are pleased to offer mobile home park loans for the purchase or refinance of mobile home park properties nationwide. There are many types of mobile home parks and these parks are referred to commonly by many names, including: manufactured home communities, trailer parks, RV parks, MHP loans and recreational vehicle parks. Some of these communities are meant for vacation use and the homes are on wheels. Other communities contain homes that are on foundations and cannot be moved. Some communities contain park owned homes, while others only rent a pad site and the home is owned by the tenant. Some homes are single wide, while others are double wide. These are all important facts that a mobile park lender needs to know before approving a mobile home park loan. We have many years of experience financing these types of properties. If you are in need of mobile home park financing, we can help you with 24-hour approvals with NO COST and NO OBLIGATION. We lend nationwide and will consider loans from $1,000,000+.

We are a nationwide commercial mortgage broker specializing in all types of commercial mortgage loans, apartment loans, Freddie Mac Multifamily Loans, and credit tenant lease loans

Our Commercial Real Estate Loan Benefits

Mobile Home Park Loan Rates start as low as 4.72% (as of June 28th, 2022)
• A commercial mortgage broker with over 30 years of lending experience
• No upfront application or processing fees
• Simplified application process
• Up to 80% LTV
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation
• Nationwide lending from $1,000,000

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Mobile Home Park Loan Outlook for 2021 - Commercial Mortgage Rates

The COVID-19 pandemic seriously depressed the demand for apartment living space across the Unites States. One of the biggest factors that directly impacts apartment demand and household formation is a given market’s availability of jobs. The pandemic caused many people to be out of work and many other people to work remotely. Consequently, many prospective tenants such as new graduates lived with their parents or friends. With increased hiring in 2021 and many people returning to their in-office jobs, there has been a big rise in the demand for nationwide apartment housing. As more and more young graduates can return to work, this trend should continue throughout 2021. Commercial mortgage rates for apartment buildings have been at all-time lows throughout 2021 and experts don’t anticipate them to go up soon. The office and retail sectors did not fare so well in 2020 due to the pandemic. Many businesses shut down, brick and mortar retail shops had a hard time doing business and many companies implemented work from home policies. Many lenders were very conservative when considering commercial mortgage applications for these sectors. With vaccinations increasing and many states removing restrictions, business profitability has risen throughout 2021. In 2021, we are seeing companies hiring again after a dismal 2020. During 2021, it is estimated that more than 6.5 million workers will be added to company payrolls, many of them needing office space. Commercial mortgage lenders are not extremely bullish on the office sector and commercial mortgage rates, while attractive, are not as low as some other asset classes. Meanwhile, we are not seeing commercial mortgage lenders lend aggressively on retail properties in 2021. While the loans that lenders do fund may be at lower commercial mortgage rates, they aren’t as low as other asset classes and borrowers are having a difficult time obtaining high leverage loans in 2021.

Industrial properties are emerging well positioned from the pandemic and are expected to perform well in 2021 and beyond. The rapid growth of e-commerce, especially during the pandemic, is causing strong demand for industrial and warehouse space. 2021 has been a strong year for industrial absorption and sales prices of suitable industrial space has skyrocketed. Industrial properties currently are receiving very attractive commercial mortgage rates as this market is receiving a lot of attention. Experts believe that close to $578 billion of commercial mortgages and multifamily loans will be funded in 2021. This is over a 30% increase from 2020’s volume of $442 billion. As commercial mortgage rates remain at all-time lows, 2021 is a great time for prospective borrowers to look for commercial mortgage loans. Right now in 2021, commercial mortgage rates can be in the high 2% range for qualified properties and borrowers. Apartment loans above $6 million can qualify for rates in the mid- high 2% range while apartment loans below $6 million are generally being underwritten in 2021 in the low to mid 3% range. Many lenders are financing commercial mortgage loans for other asset types in the low to mid 3% range as well in 2021. Check out our low commercial real estate loan rates and use our commercial mortgage calculator to calculate monthly principal and interest.

With regard to mobile home park loans, commercial mortgage capital remains plentiful, and rates are very strong. Borrowers seeking financing for mobile home park loans are at the top of most lender’s lists as these properties have been performing very well in today’s market. The coronavirus pandemic has caused many renters to consider lower cost, or affordable housing, and mobile home parks have been a very active choice for these renters. Rates on mobile home park loans in 2021 have been historically low and are expected to remain low for the foreseeable future.