South Central · Louisiana · Manufactured Housing · First lien
Manufactured housing hard money loans in New Orleans, LA.
First-position manufactured housing loans in New Orleans, Louisiana (LA) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
New Orleans market context
The New Orleans economy behind the collateral.
New Orleans combines a major Gulf Coast port with a tourism and convention-driven hospitality economy and a growing presence in aerospace manufacturing.
Stokley Capital considers funding for hospitality-adjacent, mixed-use, and industrial assets in the New Orleans market.
Economic anchors
- Port of New Orleans
- Louis Armstrong New Orleans International Airport
- Tulane University
- Ernest N. Morial Convention Center
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 New Orleans.
- 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 Louisiana? 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
New Orleans, LA manufactured housing loan request.
Questions
New Orleans, LA manufactured housing loans, answered.
- Does Stokley Capital make manufactured housing loans in New Orleans, LA?
- Yes. We make first-position manufactured housing hard money and bridge loans in New Orleans, Louisiana (LA), typically $1M–$5M, with larger loans considered.
- What drives the New Orleans market?
- New Orleans combines a major Gulf Coast port with a tourism and convention-driven hospitality economy and a growing presence in aerospace manufacturing.
- What should a New Orleans 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 New Orleans?
Send the property, amount and deadline. A principal will respond directly.