Northeast · Massachusetts · Manufactured Housing · First lien
Manufactured housing hard money loans in Boston, MA.
First-position manufactured housing loans in Boston, Massachusetts (MA) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Boston market context
The Boston economy behind the collateral.
Boston's economy is built on higher education, biotechnology research clusters in Cambridge and the Longwood Medical Area, and a large financial and asset management sector.
Common financing situations include lab and office conversions and multifamily repositioning near dense employment and transit nodes.
Economic anchors
- Massachusetts General Hospital
- Logan International Airport
- Port of Boston
- Financial District institutions
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 Boston.
- 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 Massachusetts? 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
Boston, MA manufactured housing loan request.
Questions
Boston, MA manufactured housing loans, answered.
- Does Stokley Capital make manufactured housing loans in Boston, MA?
- Yes. We make first-position manufactured housing hard money and bridge loans in Boston, Massachusetts (MA), typically $1M–$5M, with larger loans considered.
- What drives the Boston market?
- Boston's economy is built on higher education, biotechnology research clusters in Cambridge and the Longwood Medical Area, and a large financial and asset management sector.
- What should a Boston 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 Boston?
Send the property, amount and deadline. A principal will respond directly.