Midwest · Manufactured Housing · First lien
Manufactured housing hard money loans in Indiana.
First-position manufactured housing loans across Indiana — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Indiana market context
The economy behind the collateral.
Indiana's central location and interstate network make it a national logistics and manufacturing hub, with Indianapolis serving as a distribution crossroads and auto and pharmaceutical manufacturing supporting secondary metros.
- Logistics and distribution
- Automotive manufacturing
- Pharmaceuticals and life sciences
- Agriculture
- Higher education
Manufactured Housing underwriting
What we look at first.
- 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
Manufactured housing loans we see in Indiana.
- 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 in Indiana? Stokley also buys real estate as a principal. Submit it for acquisition.
Indiana metros
Local lending pages.
We lend across Indiana, not only in these metros. Each page covers the local economy and a direct request form.
Hard money lending guidelines
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- 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.
Request loan terms
Indiana manufactured housing loan request.
Questions
Indiana manufactured housing loans, answered.
- Does Stokley Capital make manufactured housing loans in Indiana?
- Yes. We make first-position manufactured housing hard money and bridge loans throughout Indiana, including Indianapolis, Fort Wayne, South Bend, Evansville and smaller markets.
- How large are your Indiana manufactured housing loans?
- Typically $1M–$5M, first lien. Larger loans are considered.
- What should a Indiana manufactured housing loan request include?
- Property address, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
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.
Other property types in Indiana
Next step
Financing manufactured housing in Indiana?
Send the property, amount and deadline. A principal will respond directly.