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Updated over 4 years ago on . Most recent reply

User Stats

16
Posts
8
Votes
Matt Wilkes
  • Financial Advisor
  • Franklin, TN
8
Votes |
16
Posts

Mobile home lending

Matt Wilkes
  • Financial Advisor
  • Franklin, TN
Posted

I am looking to acquire a MHP but running into issues give them the loan size being below $1mil. Does anyone have any bank recommendations?

Appreciate it

Most Popular Reply

User Stats

16
Posts
8
Votes
Matt Wilkes
  • Financial Advisor
  • Franklin, TN
8
Votes |
16
Posts
Matt Wilkes
  • Financial Advisor
  • Franklin, TN
Replied

@Jack Martin thanks Jack. I actually used to work at Wells. They won’t touch smaller loans like this. I’m even having issues with local community banks. 3 now have come back and said it’s just not big enough. Luckily, I think Cloverleaf maybe able to assist.

Appreciate it

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