Northeast · Rhode Island · Manufactured Housing · First lien
Manufactured housing hard money loans in Warwick, RI.
First-position manufactured housing loans in Warwick, Rhode Island (RI) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Warwick market context
The Warwick economy behind the collateral.
Warwick serves as a retail and logistics hub for the Providence metro, home to T.F. Green International Airport.
Stokley Capital reviews requests for retail and industrial repositioning tied to Warwick's airport-adjacent commercial base.
Economic anchors
- T.F. Green International Airport
- Regional retail corridors
- Warwick Mall
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 Warwick.
- 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 Rhode Island? 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
Warwick, RI manufactured housing loan request.
Questions
Warwick, RI manufactured housing loans, answered.
- Does Stokley Capital make manufactured housing loans in Warwick, RI?
- Yes. We make first-position manufactured housing hard money and bridge loans in Warwick, Rhode Island (RI), typically $1M–$5M, with larger loans considered.
- What drives the Warwick market?
- Warwick serves as a retail and logistics hub for the Providence metro, home to T.F. Green International Airport.
- What should a Warwick 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 Warwick?
Send the property, amount and deadline. A principal will respond directly.