Will banks refinance a MHP that is grandfathered, (legal non-conforming)
Yes, banks are okay with parks that are legally non-conforming. However, they will want to better understand the “rebuildability clause”, in the case that the park was completely destroyed.
Let me know if you have any other questions!
Chris San Jose
Yale Capital Advisors
Head of Lending Operations
chris@yalecapitaladvisors.com
850-443-4580
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