Mid-Atlantic · Virginia · Manufactured Housing · First lien
Manufactured housing hard money loans in Richmond, VA.
First-position manufactured housing loans in Richmond, Virginia (VA) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Richmond market context
The Richmond economy behind the collateral.
Richmond serves as Virginia's state capital and a regional center for finance, healthcare, and logistics along the I-95 corridor.
Financing activity includes office repositioning downtown and industrial development along the I-95 logistics corridor.
Economic anchors
- Virginia State Capitol
- Federal Reserve Bank of Richmond
- VCU Medical Center
- Port of Richmond
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 Richmond.
- 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 Virginia? 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
Richmond, VA manufactured housing loan request.
Questions
Richmond, VA manufactured housing loans, answered.
- Does Stokley Capital make manufactured housing loans in Richmond, VA?
- Yes. We make first-position manufactured housing hard money and bridge loans in Richmond, Virginia (VA), typically $1M–$5M, with larger loans considered.
- What drives the Richmond market?
- Richmond serves as Virginia's state capital and a regional center for finance, healthcare, and logistics along the I-95 corridor.
- What should a Richmond 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 Richmond?
Send the property, amount and deadline. A principal will respond directly.