MHP Lender - Toledo - loan size < $750k / gravel roads

[David Denzy]

Does anybody have any lender recommendations in Toledo for a park with loan size < $750k and GRAVEL roads? I called Security Mortgage Group to inquire about their small loan program but they require paved roads. Anybody have a lender in Toledo that they can recommend? In the meantime, I’m calling as many local banks as I can.

[Andrew Fidler]

@David Denzy - is this a mobile home park?

Gravel roads are frowned upon inside city limits, is this located in a suburb?

I would consider paving the whole park as a equity move or approach our many local banks for custom financing. Where do you bank now? I have leveraged that relationship several times now to land challenging deals!