Southeast · Mississippi · Manufactured Housing · First lien
Manufactured housing hard money loans in Gulfport, MS.
First-position manufactured housing loans in Gulfport, Mississippi (MS) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Gulfport market context
The Gulfport economy behind the collateral.
Gulfport is a Gulf Coast port and tourism city supported by shipbuilding, casino gaming, and container shipping operations.
Capital needs typically relate to hospitality and mixed-use redevelopment tied to the coastal tourism and gaming economy.
Economic anchors
- Port of Gulfport
- Gulf Coast casino resorts
- Gulfport-Biloxi International Airport
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 Gulfport.
- 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 Mississippi? 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
Gulfport, MS manufactured housing loan request.
Questions
Gulfport, MS manufactured housing loans, answered.
- Does Stokley Capital make manufactured housing loans in Gulfport, MS?
- Yes. We make first-position manufactured housing hard money and bridge loans in Gulfport, Mississippi (MS), typically $1M–$5M, with larger loans considered.
- What drives the Gulfport market?
- Gulfport is a Gulf Coast port and tourism city supported by shipbuilding, casino gaming, and container shipping operations.
- What should a Gulfport 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 Gulfport?
Send the property, amount and deadline. A principal will respond directly.