Unparalleled Manufactured Housing Community Financing Capabilities
Manufactured Housing Communities (MHC) – sometimes referred to as Mobile Home Parks - are a growing and essential segment of affordable housing. Our team has a deep understanding of this market segment, from the general trends to the options available to investors.
Our close partnership with Fannie Mae and Freddie Mac provides us with a unique ability to finance these properties, as those agencies have become the market leaders for manufactured housing communities. In fact, they have products in place aimed entirely at financing in this space. Eligible communities usually meet the following parameters:
Paved roads and two parking spots per home
Home entry through patio or raised porch
Professionally skirted
Fewer than 35% park-owned homes (exceptions available in certain situations)
At least 50 sites
Financing your multifamily portfolio has never been easier
Manufactured
Massachusetts
$3M
Loan
4.09%
Interest Rate
107
Units
10 Year
Fixed-rate
Manufactured
Maryland
$5.8M
Loan
2.70%
Interest Rate
118
Units
10 Year
Floating-rate
Manufactured
Maryland
$3.7M
Loan
2.66%
Interest Rate
71
Units
10 Year
Floating-rate