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Real Estate Financing Andover MA

Local resource for real estate financing in Andover, MA. Includes detailed information on local businesses that provide access to real estate investment, monetary resources, immovable properties, rental income, as well as advice and content on personal and commercial properties.

Consumer Home Mortgage Corp Of America
(978) 747-1024
10 New England Business Center
Andover, MA
Drew Mortgage Associates Inc
(508) 749-0288
2 Elm Square
Andover, MA
Peoples Mortgage Corporation
(978) 470-4044
206 Andover St
Andover, MA
Northfield Trust Mortgage Company LLC
(978) 824-3333
342 North Main Street
Andover, MA
Mortgage Financial Inc
(978) 863-9555
170 Main St Unit 108
Tewksbury, MA
Countrywide Mortgage Ventures LLC
(978) 247-8985
34 Park St Ste 1
Andover, MA
First Call Mortgage Company
(978) 269-6200
100 Brickstone Sq Fl 5
Andover, MA
First Eastern Mortgage Corp
(508) 749-3100
100 Brickstone Square
Andover, MA
First Magnus Financial Corp
(978) 681-0014
360 Merrimack St
Lawrence, MA
Mortgage Workouts Inc
(978) 682-0500
5 Pleasant St
Methuen, MA

The Guide to Financing and Refinancing your Mobile Home Park

The Guide to Financing and Refinancing your Mobile Home Park
Wed 09/24/08 09:48:47 am

If you assume that one of the keys to maximizing your return in real estate is leverage, then correctly financing your mobile home park is a key driver to maximum profitability. There are only two options when financing your mobile home park. The first is having the seller carry the note on the park. That is not covered here but in our other articles and materials, such as our CD's on “How To Buy A Mobile Home Park”. The other option is to borrow the money to buy the mobile home park through a bank or other lender. That is what this guide is a primer on. Probably 75% of all mobile home park acquisitions require bank lending as opposed to seller carry, so you will definitely be having to get a loan for a mobile home park at some time in your career. Getting the right loan is essential to making a success of your mobile home park purchase. We have probably over 50 successful applications and loan closings on commercial loans under our belts. With that much experience, you would think that we know everything about the process. However, with constant changes in the marketplace, such as the current lending crisis, the market is always changing. As a result, what we have outlined in this primer is the basic, essential knowledge, but you will still have to fine-tune it to meet your circumstances and the market conditions. Matching your loan req...

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