Manufactured Home Park Financing
Matrix Mortgage International provides three manufactured home
park loan programs, some as a direct lender and some as a correspondent.
(1) The first program has a maximum of 90% LTV for a wide variety of property types.
The loan size range is $200,000 - $10 million. This program lends nationwide and has a minimum FICO score of 625.
The interest rates in this program are higher than in the other programs.
The property types included in this program include apartments, office buildings, office condominiums, anchored and unanchored retail,
motels, manufacturing facility. warehouse, car wash, medical office, car wash, hospital, day care facility, single occupant building loan,
industrial equipment, funeral home and health care facility and medical office building.
High Leverage Loans and SBA
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(2) The second program does not lend for this property type.
(3) The third program has a maximum of 90% LTV for loans on Class A multifamily and anchored and shadow anchored
retail properties (normally loans exceeding $6 million) and 80% for all others. The loan size range for this program is $3 million to $70 million.
The property types included in this program are apartment loans, anchored retail, unanchored retail, full service hotels. limited service hotels, self-storage, industrial-warehouse and parking lots.These loans are non-recourse.
Acquisition and refinance loans $3 million to $5 million -Lowest Rates
(4) The fourth program has a maximum of 80% LTV on loans for multifamily, retail, office, industrial and hospitality.
Mortgage sizes range from $5 million to $100 million plus in certain circumstances. This program lends in the United States and Europe.
Ten year fixed interest rate loans are as low as 100 basis points over the ten year treasury.
In addition to the submission form provided at the link which follows, color pictures, rent roll, and YTD NOI and last years NOI are required by email -
. - to begin the preliminary underwriting.
Commercial Lender $5 million and up - Lowest Rates
Contact Information including phone, fax, street address, city, state, zip
and our email address for the Mortgage Broker |
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