Manufactured Housing · First lien · In most US states
Manufactured housing hard money & bridge loans.
Manufactured housing and mobile home communities. Lot-rent economics, infrastructure and ownership of homes are the key variables.
Yes. Stokley Capital makes first-position, business-purpose manufactured housing hard money and bridge loans in most US states, typically $500,000 to $5 million, with larger loans up to $10 to $15 million considered case by case and no loans under $500,000. Every request is reviewed and decided directly by the principals.
Underwriting
Sized to as-is value.
Loans are sized to as-is real estate value, in first position, as bridge and hard money. Net operating income and projections do not set the loan amount.
- Lot rent, occupancy and collections
- Park-owned homes versus resident-owned homes
- Water, sewer and utility infrastructure
- Local regulation and rent-control exposure
- Operator experience and the infill plan
Situations
Where we're most useful.
- Acquisitions from long-time family owners
- Infrastructure upgrades banks will not fund
- Infill and home-placement programs
- Maturities on parks still converting to resident-owned homes
Selling a manufactured housing property? Stokley Capital is also a real estate investment firm. We acquire, own and operate real estate across the United States. Submit it for acquisition.
Hard money lending guidelines
Asset-based financing. We focus on the property's value and the owner's equity, not a credit score. Low credit does not rule out a request. Every deal is subject to underwriting.
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third-party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
By state
Manufactured housing loans by state.
State pages combine local economic context with how we approach manufactured housing loans there.
Southwest
Northeast
Request loan terms
Manufactured housing loan request.
Questions
Manufactured housing loans, answered.
- Do you provide manufactured housing hard money loans in most US states?
- Yes. Stokley Capital provides first-position, business-purpose manufactured housing loans in most US states, subject to state requirements.
- What size manufactured housing loans do you make?
- Typical loan size: $500,000 to $5 million. Larger loans up to $10 to $15 million are considered case by case. No loans under $500,000.
- What do you look at first on a manufactured housing loan?
- Lot rent, occupancy and collections; Park-owned homes versus resident-owned homes; Water, sewer and utility infrastructure.
- Do you take second position?
- No. Every loan is a first lien on the property.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Next step
Have a manufactured housing loan request?
Send the property, amount and deadline. A principal will respond directly.