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Many
Americans, due to economics, choose to live in a mobile home park. Financing
commercial loans for these properties is our business. Loans for
financing mobile home parks are quick and easy with no income - no asset
verification programs. Mobile home park financing
loans make it possible for business owners to provide safe and affordable
housing to the public.
Manufactured
housing is built to pre-emptive federal standards of the Department of Housing
and Urban Development (HUD). These standards are referred to as the "HUD code".
Local governments do not regulate installation or construction problems with
individual units. Lending on these properties are
necessary for businesses and individuals that are interested in purchasing one
of these businesses. Easy qualifying makes this process quick and simple. Today, the
value
of these types of properties is high and most individuals and companies do
not keep the cash needed outright purchase the Mobile Home Park. Financing
mortgage loans is the answer for most investors. Even
multi-billion dollar companies take out mortgages
because leverage is an essential financial tool that allows for capital retention.
At Maximum Financial
we specialize in these properties nationally. You need an expert to properly
represent your best interests and package your financial request in a way that
will make the lender say "yes". You will lower your interest rate and pay less
offering a higher cash flow and bigger profits. If purchasing a mobile home
park, financing your loans properly at the beginning will assure a successful
business operation. Most of the money you pay out to your current lender goes
towards paying the interest only. When you refinance, you will keep more of your
money in your pocket where it belongs.
With many years of
experience, the staff at MFI has a thorough understanding of this business and
can package and process your request in such a manner as push the lender to say
"yes". Our staff prides itself on offering the highest level of customer service
to every client.
Whether you are
looking into financing your mobile home park loans to lower your monthly
payments, pay your investment off sooner or to pull equity cash out of your
commercial property, a Maximum Financial representative will be happy to assist
you. We have the right financial solution for you.
We do not have lenders where the majority of the
living units are owned by the business. The majority of the units be "Owner
Occupied." We have creative lenders who can structure a program for that
business you want to buy, rehabilitate or refinance. Many conventional banks
have been turning down borrowers looking for this type financing only because
the request was not properly presented.
A slow economy does not have a negative impact on this
industry. In Fact, it's just the opposite. The most affordable housing seems to
thrive when other facets of the economy falter. During down turns in the economy,
foreclosure rates can
increase as much as 25 percent, while office and retail vacancies increase as
much as 30 percent. This is lost revenue to commercial office and retail
properties. It is not recovered until the market’s and the economy recovers.
Manufactured housing offers inexpensive options to the public
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