Mobile Home Park Loan Commercial Mortgage Refinance & AcquisitionMobile Home Park Loan ______________________________________ | | | | Geographic Preference: | Nationwide | | Commercial Property Types: | Mobile Home Park | | Commercial Mortgage Amount: | $3 million minimum - $50 million maximum | | Commercial Mortgage Term: | 5-15 years | | | | | Loan Rates: | Fixed, as low as 10 year treasury plus 125 | | Commercial Features: | Assumption with approval
Non-recourse
No rent restrictions
No limitation on owner's return | | Commercial Mortgage Loan Requirements: | Appraisal to support the project occupancy and rents; Tax, Insurance, and Replacement Reserve Escrows | | Third Party Fees: | Borrower pays all application, inspection, underwriting, and third party costs | | | | |
