MOBILE HOME PARK FINANCING 
BY BARCLAY ASSOCIATES. CONTACT US 
FOR THE PURCHASE OR REFINANCE OF MOBILE 
HOME PARKS. COMPETITIVE RATES AND TERMS 
WITH FAST LOAN COMMITMENT AND CLOSING.


Since 1975-Contact us TODAY for a Free Consultation
Phone or Text 856-278-6103
E-mail: barclay@netcarrier.com



It is extremely important to get our "Special Report." for Income property buyers and print it out for review.
  • Our "Special Report" contains valuable and detailed information for anyone purchasing or refinancing income property. This report can be seen at: Special Report. The report contains much information including how to calculate the true value of any income property, including mobile home parks. We use all non-bank national lenders.
    IMPORTANT - Because of time constraints we are unable to give personal telephone unpaid advice unless you have a strong written or verbal agreement with the seller. Please do not contact us for a general discussion of each park you are considering for purchase. Nearly all possible questions you may have are answered here or in our “Special Report.” Unless you have a very unusual question, only contact us when you have a strong commitment from the seller.
    FINANCING FACTS AND LENDING CRITERIA The Park must be:
    • Nearly fully occupied. At least 90% or more.
    • No more than 5% "park owned" units. 95% or more of the units must be owner occupied.
    • Streets in the Park, if any, must be paved and in good repair.
    • The Park must have a good appearance. All units must be skirted. There should be a well-kept lawn around each unit. There must be grass where the lawn area meets the street.
    • The park should have a substantial amount of "new single-wide" mobile homes. These are the 14' by 60' units which have replaced many of the older "double wides."
    • Office and pavilion or other common areas should be well-kept.
    • No RV areas in the Park.
    • If you cannot visit the park personally you should get 15 to 20 digital photos of the units or Park e-mailed to you before proceeding. This can be easily done today. If a potential seller will not do this move on. SUMMARY
    • Our lenders will not consider any properties which have a "trailer park" look. They are interested in financing only "Mobile Home Parks."
      "Trailer Park" designation generally means a high percentage. Of park owned units, a large amount of old 8' x 25' trailers, dirt roads through the Park, general overall junky appearance of units, unpainted office etc.
    FINANCING INFORMATION: (as of April, 2011)
    • 70% LTV based on an appraisal.
    • 10% minimum cash down required from the buyer.
    • Maximum 20% 2nd position seller carryback.
    • 5 to 10 year fixed - 25 year amortization rate.




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    How to Contact Us
    E-mail: barclay@netcarrier.com
    Send us an E-mail with some details of your financing request. It is important to send your: Full name, PHONE NUMBER and a paragraph or two describing your financing needs. Please DO NOT forget to include your PHONE NUMBER.
    Phone or Text: 856-278-6103
    Fax: 844-328-4827
    Call us anytime 24/7. We are available for one-on-one discussion up to 11 PM Eastern Time and on weekends.

    BARCLAY ASSOCIATES - Cherry Hill NJ
    MINIMUM LOAN AMOUNTS

    • INCOME PROPERTIES - COMMERCIAL MORTGAGE LOANS- (apartment and office building loans, self storage units, mobile home park financing, strip centers etc. (Not raw land/land developer loans) - $100,000 minimum loan amount. ($125,000 minimum if referred by broker.) Multi-family (apartment buildings) must be 5 units or more.
    • RAW LAND LOANS OR LAND DEVELOPMENT LOANS $500,000 minimum loan amount($600,000 minimum if referred by broker).
    • SBA LOANS-$300,000 minimum loan amount. ($350,000 minimum if referred by broker).
    • OTHER SMALL BUSINESS LOANS (NON SBA)- $300,000 minimum loan amount ($375,000 minimum if referred by broker).
    • FACTORING AND ASSET BASED FINANCING These are business loans using accounts receivable, inventory, equipment & real estate as collateral- $500,000 minimum loan amount($600,000 if referred by broker).
    • OTHER TYPES OF FINANCING NOT INCLUDED ABOVE - contact us for minimum loan amounts.
    Copyright © 1997-2016 JS Inc./Barclay Associates-All Rights Reserved
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    BROKERS and other intermediaries- WE WELCOME BROKERS. It is EXTREMELY IMPORTANT that you [CLICK HERE] to obtain full information about our referral fee program and our referral fee rates to brokers.
    WHAT WE DO NOT DO:
    • We DO NOT finance residential properties-only commercial.

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    Copyright © 1997-2017 JS Inc./Barclay Associates-All Rights Reserved
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