The Madison Group arranges a $3,750,000 loan to refinance a mobile home park in Texas.

The Madison Group (TMG), a leading national lending source of mobile home park financing, arranged a $3,750,000 loan to refinance an established 116-pad mobile home park in Texas.

The borrower’s goal was to obtain a loan that would refinance the park’s existing debt, all existing financing on the park owned homes, and to take cash out to finance other commercial real estate opportunities.

TMG was able to work with a lender that was able to meet the borrower’s financial goals.  The lender, borrower, TMG, and title worked diligently together to close and fund the transaction while the borrower was vacationing out of the country.

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