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Integra Real Estate Capital secures competitive mobile home park financing for investors looking for flexible loan terms and low interest rates. We provide non-recourse loan structures for acquisitions, refinance and rehabilitation of mobile home parks and manufactured housing communities across United States.

Our custom-tailored financing solutions include permanent, bridge and mezzanine loans. We create value by offering our clients access to our strong lender relationships with all major capital providers that feature: life insurance companies, Fannie Mae, Freddie Mac, domestic and foreign banks, conduit lenders (CMBS), REIT’s, pension funds and private equity firms. Integra’s experienced team originates loans that enable investors to choose between fixed and floating rate options that meets and exceeds their financial objectives.

Please contact us at (212) 353-2800 to learn more about our mobile home park financing programs or apply for an online quote below.


(212) 353-2800


You can also email us for more information on our financing programs.

17 State Street, Ste 4000
New York, NY 10004


Integra’s long-standing lender relationships provide non-recourse financing for the acquisition and refinance of mobile home parks and manufactured housing communities. We facilitate customized balance-sheet loan structures with low interest rates, longer amortization periods and flexibility. These mobile home park financing options are designed for cash-flowing and stabilized communities in primary, secondary and tertiary markets.

Commercial Bank Mobile Home Park Loan Program


  • Minimum Loan Amount $750,000
  • All MHP Classes Considered
  • Maximum Loan to Value: 75%
  • No more than 10% park owner owned homes
  • Minimum 15 pads
  • Minimum DSCR 1.20 – 1.25
  • Partial to Non-Recourse
  • 85% occupancy required
  • Loan may be assumable



Mobile home park financing through Fannie Mae is an attractive alternative for borrowers with Class A and B parks in MSA segments approved by the FNMA. Whether a purchase or a refinance, we work seamlessly to provide our clients access to the right Fannie Mae outlet. Below are guidelines and loan parameters for a FNMA execution:

Fannie Mae Mobile Home Park Loan Guidelines and Parameters


  • Class A and B Parks only
  • Minimum Loan Amount $1,000,000
  • Minimum 50 pads near moderate size cities preferred
  • Mostly double-wides or tripple-wides required
  • No more than 25% park owner owned homes allowed
  • Fixed rate 5 to 30 years
  • 30 year amortization schedule
  • Minimum DSCR 1.25x
  • 75% LTV for Refinances, Up to 80% LTV for purchases
  • Non-Recourse, with standard carve-outs
  • Suplimental Financing from Fannie Mae allowed
  • Cash Out Allowed
  • Loan is Assumable


Freddie Mac programs offers compelling non-recourse loan options for manufactured home communities and mobile home parks. Whether a purchase or a refinance, we work seamlessly to provide our clients access to the right Freddie Mac lender. Below are guidelines and loan parameters for a Freddie Mac loan execution:

Freddie Mac Manufactured Housing Community Loan Guidelines and Parameters


  • Class A and B Parks Only
  • Minimum Loan Amount $1,000,000
  • 5 pads minimum requirement
  • Up to 10-years term loans
  • Interest-Only Options Available
  • 75% Maximum LTV
  • Minimum DSCR 1.25x
  • No more than 25% park owner owned homes allowed. Leases cannot contain options to purchase pad site or park owner owned homes.
  • Non-recourse, with standard carve-outs
  • Suplimental financing from Freddie Mac is allowed
  • Cash Out Allowed
  • Loan is Assumable


This financing vehicle is one of the most attractive types for mobile home park acquisition and refinance scenarios. Also known as a CMBS loan (commercial mortgage backed securities), Integra originates these loans through our relationships Wall St. investment banks. CMBS loans are attractive because they are: a) non-recourse, b) offer 10-year terms c) have low, fixed interest rates and d) allow for cash-out. They are also more flexible when it comes to financing a property outside of a major MSA segment, which some Fannie Mae lenders may have an issue with.

CMBS Manufactured Housing Community Loan Program


  • Minimum Loan Amount $2,000,000
  • Maximum Loan-to-Value (LTV) 75%
  • All Mobile Home Park Classes Considered
  • Minimum 50 pads
  • Usually no more than 10% park owner owned homes allowed
  • Maximum of 10% RV occupied spaces
  • 5, 7 and 10 year fixed rate terms
  • 30 year amortization schedule
  • Minimum DSCR 1.25 to 1.35 based on trailing 12 month Profit and Loss
  • Non-Recourse
  • Minimum Occupancy Required – 80%
  • Cash Out Allowed
  • Loan is Assumable


Integra’s structured finance group originates non-recourse bridge loans for the acquisition and rehabilitation of mobile home parks and manufactured home communities. These loans are ideal for transitional, non-stabilized MHP’s with lower occupancy levels or value-add component that needs to be realized and will take some time to fulfill. We assist mobile home park operators who are looking for certainty in rate, terms and flexibility while undergoing a transition.

Our experienced loan officers are committed to guiding you through every phase of the bridge loan process. These loans generally feature floating-rate structures and are priced with a specific spread over a LIBOR index. Loan terms range from 2-to-3 years with options to extend the loan beyond initial maturity date. Bridge loans often carry interest-only payments and are based on non-recourse basis.

Bridge Loan Parameters for Mobile Home Parks


  • Minimum Loan Amount $2,000,000
  • Maximum Loan to Value 80%
  • Class A, B and some C parks considered
  • 3 to 5 year loan terms with interest-only payments
  • Flexible Underwriting
  • Minimum DSCR 1.15x
  • Non-Recourse, with standard carve-outs
  • Loan assumable with lender approval


Integra Real Estate Capital arranges mezzanine financing for mobile home parks located in stronger markets that feature fluid demographics. Mezzanine loans allow sponsors to go higher in the capital stack (LTV) and are also considered as subordinate financing to the senior loan. Mezzanine loans are ideal for opportunistic purchases to minimize the direct equity contribution that the sponsors would otherwise have to make. Mezzanine loans are often used when purchasing a manufactured home community. It is common for a mezzanine loan to be co-terminus with the senior debt. Pricing of mezzanine funds varies and is based on risk associated with the transaction. Our experienced team can navigate you through the mezzanine loan process and provide you with a customized solution for your next mobile home park financing project.


It is not uncommon for commercial real estate lenders to offer borrowers an opportunity to pay the lender off at a discount. This practice allows lenders to raise capital to reposition their balance sheet and also offset any regulatory pressure that may exist. It may also reduce exposure in certain real estate markets or help eliminate risk related to underwater real estate assets.

This mechanism is called Discounted Pay-Off.

As a leading financial intermediary, Integra offers clients a network of lenders who can provide up to 90% financing of the agreed upon pay-off amount. These arrangements are generally offered to borrowers who can close on the new loan quickly. We understand that it can be challenging to find a new lender to provide the necessary capital to pay off a legacy lender, both because the discounted loan payoff opportunity is likely only available for a short period of time, and also because there is generally institutional reluctance among banks and conventional lenders to help fix what is viewed as a competitor’s problem.

Integra’s valuable lender relationships allow investors to close on new mobile home park financing with attractive terms and conditions while meeting the investors desired objectives. The discounted pay-off of the old loan simultaneously reduces the debt burden on borrowers and lowers the monthly payment, generating additional cash flow to the borrower who can reinvest in the growth and expansion of their real estate portfolio.



By electing to work with Integra, our clients gain access to:

  Non-Recourse Loans
   Low Interest Rates
   Higher Leverage (80% LTV)
   Longer Amortization
   Flexible Underwriting
   3, 5, 7 10-Year Term Loans
   Interest-Only Loan Options
   Loans In All Markets

Have a project to discuss? Call or e-mail us.

We will help you find the mobile home park financing platform that is right for you.

mobile home park financing


(212) 353-2800

17 State St, Ste 4000, New York, NY 10004

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