Southeast · South Carolina · Manufactured Housing · First lien
Manufactured housing hard money loans in Charleston, SC.
First-position manufactured housing loans in Charleston, South Carolina (SC) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Charleston market context
The Charleston economy behind the collateral.
Charleston combines the Port of Charleston's deepwater shipping operations with Boeing's aircraft assembly plant and a substantial coastal tourism industry.
Stokley Capital considers financing for industrial and hospitality assets tied to Charleston's port and manufacturing base.
Economic anchors
- Port of Charleston
- Boeing South Carolina assembly plant
- Historic district tourism
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 Charleston.
- 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 South Carolina? 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
Charleston, SC manufactured housing loan request.
Questions
Charleston, SC manufactured housing loans, answered.
- Does Stokley Capital make manufactured housing loans in Charleston, SC?
- Yes. We make first-position manufactured housing hard money and bridge loans in Charleston, South Carolina (SC), typically $1M–$5M, with larger loans considered.
- What drives the Charleston market?
- Charleston combines the Port of Charleston's deepwater shipping operations with Boeing's aircraft assembly plant and a substantial coastal tourism industry.
- What should a Charleston 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 Charleston?
Send the property, amount and deadline. A principal will respond directly.