I’m wondering if there is a list of banks that provide MHP loans? Obviously the financial brokers have that list, but how do we access it?
George Allen concluded that BOA, Chase, Citi and Wells probably have 70% of the market, but it would be great to be able reach out to smaller banks that are very familiar with MHP lending.
Check out scotsmanguide.com. You can search for type of loan, amount ranges, etc and provides a list of lenders covering all types of loans and contact info.
Check between the commercial and the multifamily options within the lender category. You can also check the hard money lenders (most of which won’t do a mobile home park). Otherwise its the local banks around town.