Summary: The Madison
Group (TMG), a leading national lending source of Mobile Home Park financing
arranged the $2,150,000 refinance for a Mobile Home Park in Washington.
The borrower’s goals were to lower their current interest
rate, get some cash out, and lock in a long-term loan in the current low rate environment.
TMG negotiated the best loan terms with a quality lender and
assisted the borrower during the loan process. The team worked with the lender, underwriting
and legal teams to get the loan closed in a timely manner.
Property: Mobile Home
Loan Amount: $2,150,000
Interest Rate: 3.12%
Term: 10 Years