While many banks offer regular commercial loans finding a lender that offers mobile home park financing can be a bit more difficult. If you are in the market for a mobile home park loan in the Sacramento valley here are some things to consider before committing your time to a lender.
1- Ask the lender if they are familiar with the area your park is located.
2- Have they worked with this type of property before.
3- If there is interest will they visit the property.
While there is much information needed to underwrite a mobile home park loan this will give you a good idea if you are working with the right funding source. Finding a lender that understands this type of property can be challenging. If you like we would be happy to help you underwirte your request and connect you with a lender in our network that works with this type of financing and has a like for the Sacramento area.
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