Mobile Home
Park Loans

Wilshire Quinn provides mobile home park loans with preapprovals in 24 to 48 hours and funding within about 5 to 7 days. If you are looking to close fast on a mobile home park loan, complete our loan application and speak with a rep today.

  • A nationwide direct Lender, not a broker
  • Pre-approval in 24 hours
  • Typical funding in five to seven days
  • Loan amounts up to $20 million

Purchase | Refinance | Cash-Out | Rehab | 1031 Exchange

We are a direct private money lender funding mobile home park loans nationwide.

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Hard Money Lenders (Home) » Mobile Home Park Loans

Mobile Home Park Loans – Lending Parameters

Mobile Home Park Financing

CLOSING TIME Typically 5 to 7 days
LOAN SIZE $200,000 to $20,000,000
LTV Up to 60% LTV and 60% of ARV for rehab loans, not to exceed 90% of the purchase price
LIEN POSITION First Trust Deeds Only
LOAN TERM 3 to 24 months
INTEREST RATES 8.5% to 10.5%
AMORTIZATION Interest-only payments
ORIGINATION FEES 1 to 5 points based on location and property, LTV, credit worthiness of the borrower, loan amount and term
LENDING AREAS Nationwide, in metropolitan and coastal areas

General Park Guidelines

Mobile Home Park Loans

  • Minimum spaces: 40 pads
  • Prefer parks that have paved roads. Gravel packed roads will be considered on a case by case basis.
  • Prefer sewer over septic
  • Prefer individual meters for water and electricity
  • Prefer tenants own 75% or more of the homes
  • Prefer sewer over septic
  • Prefer individual meters for water and electricity
  • Homes should be skirted with no tongues or hitches showing.
mobile home park loans

Give us a call: 619-872-6000

Mobile Home Park Loans Provider

Ready to Finance a Mobile Home Park?

At Wilshire Quinn Capital we control the lending process and can provide fast answers and quick closings for your mobile home park loans. We are a direct lender which means we can fund mobile home park loans fast. We lend private hard money loans for mobile home parks nationwide to $20M with funding available in about 5-7 days.

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Here’s What Our Borrowers Are Saying

A Proven Mobile Home Park Lender, Lending Nationwide

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FAQs – Hard Money Loans

A hard money loan is a real estate-backed loan where a borrower receives funds secured by equity in their property (or properties). Hard money lenders like Wilshire Quinn are mainly focused on the equity in the property as opposed to borrower credit and financials. Hard money loans are typically short-term ranging from six months up to two years.

Hard money lenders like Wilshire Quinn primarily focus on a property’s equity to secure the loan. The borrower’s credit is considered, but is not a primary determinant in the underwriting process.

After receiving a signed term sheet, Wilshire Quinn typically funds a loan in five to seven business days.

Wilshire Quinn will consider a wide variety of property types including: office, retail centers, industrial, hotels, parking lots/structures, condo inventory, entitled land, multifamily properties, non-owner-occupied single-family homes, vacation homes and rentals, primer loans and bridge loans.

We will consider a wide variety of loan types including: purchase, refinance, cash-out refinance, partnership buyouts, rehabs, 1031 exchanges and value-added acquisitions.

You can either complete our online loan application, email or call us. We would prefer to talk through your loan scenario directly, as we can determine in a matter of minutes, once we have a few simple questions answered, if we have interest.

Our interest rates typically range from 8.5% to 10.5%, interest-only. Lender origination points typically range from 1% to 5% of the loan amount. The borrower pays for standard closing costs (title, escrow, legal).

Most of our portfolio is in California but we do have the ability to lend nationwide. We strongly prefer to lend in major-metropolitan areas.

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Partner with a direct lender you can trust.

Customer Service

At Wilshire Quinn you’ll get the friendly guidance you need to help you through the private money loan process. We’ll make sure the loan terms work for you and for your project or we won’t fund the loan. Submit a loan scenario today to quickly hear back from one of our representatives.

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