
The Madison Group (TMG) has successfully arranged a $1,305,000 cash-out refinance for a mobile home park in Texas. The loan was structured with a 6.75% interest rate, a 5-year term, and 25-year amortization, representing 70% loan-to-value.
This refinance provided the borrower with liquidity for future investments while securing long-term stability. TMG’s expertise in manufactured housing and strong lender relationships ensured a smooth closing and competitive terms.
“This deal reflects our commitment to delivering tailored solutions for the MHC asset class,” said Michael Estes, Commercial Real Estate Loan Advisor at TMG.
Partner with The Madison Group to secure the best financing for your investment.