City Capital Finance arranges Manufactured Housing Community loans for purchase or refinancing of ground lease manufactured housing community with minimum of 50 sites in California.
City Capital Finance has experience financing Manufacture housing community properties and we have relationships with several financial institutions and Federal Agency capital providers to secure the most competitive rates and flexible terms to meet the
individual needs and requirements of our clients.
City Capital Finance can secure Manufactured Housing Community loans offering competitive pricing and flexible terms for property owners in California. Our clients can take advantage of balloon or fully amortizing loans, early rate
locks, supplemental mortgages and reliable closing.
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Loans from $1,000,000 and up
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Up to 80% loan to value
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Up to 75% loan to value if cash out
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Minimum debt coverage service ratio of 1.25
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Non recourse
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5, to 3 year term
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25 to 30 year amortization
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Fixed or Adjustable rate options
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High quality and professionally managed Manufactured housing communities
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50% or more doublewide sites
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Must be rated 4 or 5 star property
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Assumable loan
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