Commercial
Mobile Home Park Loan in Coral Gables, FL
What is a Mobile Home Park Loan? Mobile Home Park Loan is a specialized mortgage solution offered by CMRE for real estate financing. This program provides tailored terms, flexible underwriting, and expedited closing timelines to meet the unique needs of property buyers and investors in Coral Gables, FL.
Coral Gables homebuyers trust Custom Mortgage for their Mobile Home Park Loan needs. With deep knowledge of the local market, from undefined to undefined, we provide tailored solutions with rates as low as 8.5%.
Key Facts About Mobile Home Park Loan
CMRE Mobile Home Park Loan ranges from $250,000 to $50,000,000.
CMRE offers commercial bank statement programs for Mobile Home Park Loan.
CMRE Mobile Home Park Loan closes in LLC, corporation, or trust names.
CMRE commercial lending covers office, retail, industrial, and multifamily.
CMRE Mobile Home Park Loan ranges $250K to $50M.
CMRE commercial bank statement programs for Mobile Home Park Loan.
CMRE Mobile Home Park Loan closes in LLC/Corp/Trust.
CMRE commercial covers office, retail, industrial, multifamily.
Program Benefits
Competitive interest rates starting at 8.5% for qualified borrowers.
Financing available for acquisition, refinance, and improvements.
Loan amounts tailored to the specific needs of your mobile home park project.
Expert guidance throughout the loan process from experienced commercial real estate professionals.
Flexible loan terms to suit your investment strategy.
Opportunity to expand or upgrade your mobile home park, increasing its value and profitability.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
55%
Loan Amount Range
$500K - $10M+
Amortization Options
Eligible Properties
- Mobile Home Parks
Program Requirements
Income Documentation
- •Demonstrated history of stable and sufficient cash flow from the mobile home park.
- •Detailed financial statements for the property, including income and expense reports.
- •Personal and business tax returns for the past two to three years.
- •Pro Forma income projections for the mobile home park.
Asset Verification
- •Sufficient liquid assets to cover down payment, closing costs, and reserves.
- •Schedule of real estate owned (SREO) listing all properties owned and their associated debts.
- •Valuation of any other significant assets.
Insurance & Title
- •Comprehensive property insurance coverage for the mobile home park.
- •General liability insurance to protect against potential claims.
- •Flood insurance if the property is located in a flood zone.
Property Requirements
- •Minimum FICO score of 640.
- •Satisfactory credit history with no recent bankruptcies or foreclosures.
- •Detailed credit report review to assess creditworthiness.
- •Strong credit references from other lenders and creditors.
Mobile Home Park Loan in Coral Gables: The Complete Guide
What Is Mobile Home Park Loan?
Mobile Home Park Loans are specialized financing options designed for investors looking to acquire, refinance, or improve mobile home park properties. These loans differ from traditional residential mortgages due to the unique nature of the asset class, including factors such as tenant management, infrastructure maintenance, and regulatory compliance.
Qualifying for Mobile Home Park Loan
- •Underwritten on property income (DSCR) and borrower financial strength.
- •Typical DSCR requirement: 1.20x-1.25x (NOI / debt service).
- •2+ years business experience, adequate liquidity, acceptable credit.
- •CMRE commercial bank statement programs: qualify with 12-24 months statements instead of tax returns.
- •SBA programs (7(a), 504, Express) available for owner-occupied commercial with as low as 10% down.
Mobile Home Park Loan vs. Residential Lending
- •Commercial: underwritten on property cash flow. Residential: on borrower income.
- •Commercial terms: 5-10 year terms with 25-30 year amortization.
- •Commercial allows LLC/Corp entity vesting for asset protection.
- •CMRE offers both — our team determines the best structure for your situation.
Apply for Mobile Home Park Loan with CMRE
- •Step 1: Submit property details — type, location, price, NOI, business plan.
- •Step 2: CMRE provides preliminary terms within 48 hours.
- •Step 3: Application with financial statements, rent rolls, entity docs.
- •Step 4: Appraisal and environmental assessment.
- •Step 5: Underwriting in 2-4 weeks. Closing in 30-60 days.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
Est. Monthly Payment in Miami-Dade County
$2,686/mo
Based on $560,000 median · 20% down · P&I only
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Est. Monthly Payment in Miami-Dade County
$3,644/mo
Based on $560,000 median · 20% down · P&I only
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Live Market Data: Miami-Dade County
Source: Redfin · 2026-01-31Median Sale Price
$560,000
Median List Price
$580,000
Price / Sq Ft
$388.636
Days on Market
99
Active Listings
16,599
Homes Sold
1,504
Sale-to-List Ratio
94.6%
2025 Conforming Loan Limits: MIAMI-DADE
1-Unit (SFR)
$806,500
2-Unit (Duplex)
$1,032,320
3-Unit (Triplex)
$1,247,655
4-Unit (Fourplex)
$1,550,899
Source: FHFA 2025 Conforming Loan Limits. Loans above these limits require jumbo financing.
Mobile Home Park Loan in Coral Gables, FL
Miami-Dade County occupies a unique position among all the markets we serve: it operates on global capital flows as much as local economics. The median sale price of $560,000 is up 0.9% year-over-year despite 16,599 active listings and a 99-day median days on market — a combination that would produce steeper declines in any other market. The explanation is international demand. Miami's identity as a Western Hemisphere financial hub insulates it from domestic rate sensitivity in ways that Phoenix, Atlanta, or Houston cannot replicate.
The 94.6% sale-to-list ratio reflects a market where buyers have leverage — particularly in the condo segment — but where well-located single-family homes and townhomes continue to attract competition from cash-heavy international buyers. The $806,500 conforming limit is a meaningful threshold here; a significant share of Miami-Dade transactions occur above it, making our jumbo and non-QM product lines essential tools. Foreign national financing and ITIN loan programs are high-volume categories at our Miami operations.
Miami-Dade's borrower profile is the most international of any market we serve. Brazilian, Venezuelan, Colombian, and European buyers represent a significant share of purchase volume. ITIN loans, foreign national programs, and non-QM bank statement financing are essential products for this population. Domestic buyers tend to be high-earning professionals in finance, healthcare, real estate, and the arts. Self-employment and complex income structures are the rule rather than the exception in Miami, requiring sophisticated underwriting approaches.
Pre-qualify for non-QM or foreign national programs before shopping — Miami's international buyer pool pays cash or uses specialized financing, so conventional pre-approvals alone won't make you competitive.
Service Areas & Neighborhoods
Our Coral Gables Presence
Local Knowledge. Global Rates.
200 S Biscayne Blvd
Miami, FL 33131
Direct Line
877-976-5669Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Get Matched in 60 Seconds
Our AI Instant Advisor analyzes your situation — credit, loan amount, property type — and matches you to the right program. No credit pull. No obligation.
Get Your Numbers
Quick quote or detailed payment estimate — no credit pull
Quote Wizard
AI-Powered Rate Intelligence
Step 1: Loan Foundation
Mortgage Estimator
Principal & Interest Only
Common Questions About Mobile Home Park Loan in Coral Gables
Interest rates for Mobile Home Park Loans vary depending on factors such as the borrower's creditworthiness, the loan amount, and the current market conditions. CMRE offers competitive rates starting at 8.5%.
The maximum LTV for a Mobile Home Park Loan is typically 75%, but this can vary depending on the lender and the specific characteristics of the property.
Mobile Home Park Loans can be used for a variety of purposes, including acquisition, refinance, expansion, and improvements.
CMRE typically requires a minimum FICO score of 640 for Mobile Home Park Loans.
CMRE Mobile Home Park Loan starts at $250,000. SBA may start lower. Max depends on property type — up to $50M.
Yes. Entity vesting is standard for commercial. Personal guarantee typically required.
Yes. CMRE commercial bank statement programs use 12-24 months statements instead of tax returns.
Typically 5-10 year terms with 25-30 year amortization. CMRE structures terms based on cash flow and exit strategy.
The current national 30-year fixed rate is 6.00% (Freddie Mac PMMS). Mobile Home Park Loan rates in Coral Gables vary by loan amount, LTV, and credit profile — CMRE provides locked quotes within 24 hours of application.
CMRE typically closes Mobile Home Park Loan loans in Coral Gables within 21-30 days from application. The Miami-Dade County market has seen home prices rise 0.9% year-over-year — having a fully underwritten approval before you write an offer is critical in this competitive environment. Our FL-licensed team coordinates title, escrow, and appraisal concurrently to minimize time-to-close.
CMRE finances office, retail, industrial, multifamily, mixed-use, and special-purpose properties in Coral Gables and throughout Miami-Dade County. Loan amounts range from $500K to $50M with 5-10 year fixed-rate terms.
Yes. CMRE is an SBA Preferred Lender in Coral Gables. We offer SBA 7(a), 504, and Express loans for Miami-Dade County business owners purchasing or refinancing commercial real estate.
Mobile Home Park Loan by Location
Get local rates, loan limits, and market data for Mobile Home Park Loan in your area.
AZ
CA
CO
FL
GA
ID
IL
MI
NJ
NY
OH
OR
TX
VA
WA
View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
