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Real Estate Financing Yankton SD

Local resource for real estate financing in Yankton, SD. 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.

First Dakota National Bank
(605) 665-7432
225 Cedar Street
Yankton, SD
 
First National Bank South Dakota
(605) 665-9611
332 Broadway Ave
Yankton, SD
 
First Dakota National Bank - North Location
(605) 665-4999
2105 Broadway Avenue
YANKTON, SD
Services
Mortgage Brokers

First Dakota National Bank - Downtown Location
(605) 665-7432
225 Cedar Street
YANKTON, SD
Services
Mortgage Brokers

Wells Fargo Home Mortgage
(605) 665-6852
200 Cedar Street
YANKTON, SD
Services
Mortgage Brokers

First National Bank South Dakota
(605) 665-9611
332 Broadway Ave
Yankton, SD
 
Wells Fargo - Yankton
(605) 665-9677
200 Cedar St
Yankton, SD
Type
Branch
Office Hours
Mon-Fri 08:00 AM-05:00 PM
Sat-Sun Closed

Home Federal Bank
(605) 665-8205
2100 Broadway Avenue
YANKTON, SD
Services
Mortgage Brokers

Yankton Title Co
(605) 665-5775
219 West 3rd Street
Yankton, SD
 
Midwest Insurance Agency
(605) 665-2389
909 Broadway Avenue Suite 5
Yankton, SD
 

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
MobileHomeParkStore.com

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...

Click here to read the rest of the article from mobilehome.com


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