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MHP/RV

The Madison Group arranges a $2,550,000 cash out refinance loan for two MHP’s in GA.

November 29, 2024
Paul Kuster

The Madison Group (TMG), a leading national lending source of manufactured housing community financing, arranged a $2,550,000 cash out refinance loan on two mobile home parks in Georgia.    

The borrower’s goals were to obtain permanent financing to refinance their existing loan and take cash out to make planned improvements to the parks and to acquire additional mobile home parks.  TMG was able to work with one of its leading lenders to accomplish this goal.  The borrower, lender, and TMG were able to work closely together to make this transaction a smooth process.

Deal Highlights

Loan Amount
$2,550,000
Rate
7.00%
Term
10 years
LTV
40%

Ready to Close Your Deal?

Partner with The Madison Group to secure the best financing for your investment.

Call 435-785-8350