Midwest · Iowa · Manufactured Housing · First lien
Manufactured housing hard money loans in Davenport, IA.
First-position manufactured housing loans in Davenport, Iowa (IA) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Davenport market context
The Davenport economy behind the collateral.
Davenport anchors the Quad Cities region along the Mississippi River, with manufacturing and river-based logistics as core economic drivers.
Stokley Capital evaluates commercial and industrial financing requests connected to the Quad Cities river logistics economy.
Economic anchors
- Mississippi River shipping corridor
- Quad Cities International Airport
- St. Ambrose University
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 Davenport.
- 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 Iowa? Stokley also buys real estate as a principal. 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.
- 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
Davenport, IA manufactured housing loan request.
Questions
Davenport, IA manufactured housing loans, answered.
- Does Stokley Capital make manufactured housing loans in Davenport, IA?
- Yes. We make first-position manufactured housing hard money and bridge loans in Davenport, Iowa (IA), typically $1M–$5M, with larger loans considered.
- What drives the Davenport market?
- Davenport anchors the Quad Cities region along the Mississippi River, with manufacturing and river-based logistics as core economic drivers.
- What should a Davenport 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.
Next step
Financing manufactured housing in Davenport?
Send the property, amount and deadline. A principal will respond directly.