Copyright 2018 Capital Palm Partners, Inc. All rights reserved.
Capital Palm Partners, Inc.
8546 Palm Parkway, Ste 240, Orlando, FL 32836
T:) 407-278-1466 | Email: firstname.lastname@example.org
Minimum of 50 pads or sites
Minimum of 50% of coaches to be double-wide or better.
Paved roads and skirted coaches
No more than 10% Park owned coaches.
Loan Amounts: $300,000 - $10,000,000
Term & Amortization: Adjustable, 3, 5, 7, and 10 year hybrid loans amortized for 25/ 30 years.
Prepayment Penalty: Typically step-down prepayment penalties during the fixed rate portion of the loan.
Loan to Value Ratio: Maximum LTV 75% on Purchase Transactions, 70% refinance.
Debt Coverage Ratio: Minimum 1.35:1 DCR
Credit Score: Lower credit scores accepted
Application Fee: Average of $5,000, which will be applied towards third party costs to include but not limited to Credit Report, Appraisal Report, Property Inspection. Approved Mobile Home Park appraisers only.
Title/Escrow: Preferred carriers offer discounts to our clients.
Pricing: Interest rates quoted daily.
Borrower: Individuals, Trusts, Limit Liability Companies, Limited Partnerships, and Corporations.
Territory: Nationwide MSA’s* with minimum population area of 100,000.
Layered risk-based pricing to ensure lowest rates
Several prepayment options keep you in control
Capital Palm offers an array of financing options to people looking to invest in Mobile Home Parks in order to obtain the most suitable, flexible and economical financing program in markets throughout the United States.
MOBILE HOME PARK LOANS