Any banks doing chattel lending to park owners?


#1

My company has acquired approx 40 brand new POH’s. All are rented. Gross home rents total to $20K/mo. Does anyone know of a lender that would do a traditional 75% LTV, 1.30 DSCR type loan against that cash flow? Lender would get first lien on home title, and 2nd lien on the parks (which are modestly leveraged). Any help would be appreciated!