Mobile Home Park Loans
Mobile home park loans
Bridge loans for manufactured home communities. Acquisition, value-add, and infill capital from a lender who operates in the space.
Get Your MHP Loan Quote
Term sheet in 24 hours. No credit pull. No obligation.
Dylan and the team at Requity understood our MHP deal immediately. Term sheet in 24 hours, closed in under two weeks.
— Verified Borrower
Why Requity
A lender who operates in the space
Most bridge lenders treat manufactured housing as a niche they tolerate. Requity Group acquires and manages MHCs through our investment platform. We evaluate your deal the way we evaluate our own.
We Understand MHP Underwriting
Lot rent analysis, utility cost structures, POH vs TOH income splits, infill economics. Our team knows manufactured housing at the operational level, not just the spreadsheet level.
We Are MHP Operators Ourselves
Requity Group acquires and manages manufactured housing communities through our investment platform. We evaluate your deal the way we evaluate our own.
Speed That Wins Deals
Many MHP acquisitions are sourced directly from retiring owner-operators who prioritize certainty and speed. A 72-hour close wins deals that a 60-day bank process loses.
Use Cases
What we finance
From straightforward park acquisitions to complex value-add repositioning with infill programs and infrastructure overhauls.
Park Acquisitions
Acquire manufactured housing communities that conventional lenders will not finance due to below-market operations, deferred maintenance, or park-owned home portfolios. We underwrite to the business plan, not just trailing income.
Value-Add Repositioning
Finance the acquisition and improvement of underperforming parks. Bridge capital covers the purchase while improvement holdbacks fund infrastructure upgrades, lot rent adjustments, and operational improvements.
Infrastructure Upgrades
Fund water and sewer system repairs, electrical upgrades, road improvements, and common area renovations. Draws released as work is completed and verified.
Lot Infill Programs
Finance the placement of new or used manufactured homes on vacant lots to increase occupancy and revenue. A vacant lot generating $0/month can produce $400-$600/month in lot rent once filled.
POH to TOH Conversion
Acquire parks with park-owned homes, then convert to tenant-owned over time. Bridge financing covers the initial acquisition including POH rental income in the underwrite, giving you runway to execute the conversion strategy.
Portfolio Consolidation
Combine multiple MHP acquisitions into a single bridge facility. One closing, one set of docs, streamlined execution for operators building a manufactured housing portfolio.
Deal Economics
How the numbers work
A representative value-add MHP acquisition showing how bridge financing enables the deal and creates equity.
Acquisition
Bridge Loan Structure
Stabilized (14 Months)
Representative example for illustrative purposes only. Actual deal economics vary based on market conditions, execution, and property specifics.
Resources
MHP insights
Financing a Manufactured Home Community Acquisition with a Bridge Loan
How to structure the capital stack for an MHP acquisition using bridge financing.
Read MoreManufactured Home Community Cap Rates in 2026
Current cap rate ranges and where value-add opportunities exist in manufactured housing.
Read MoreFrom Vacant Lots to Full Occupancy: A Bridge Loan MHP Case Study
A 68-lot park went from 40% vacancy to 92% occupancy in 14 months using bridge financing.
Read MoreFAQ
Manufactured housing lending FAQ
Yes. We underwrite the total revenue picture including lot rents, park-owned home (POH) rental income, utility reimbursements, and ancillary income. Many conventional lenders struggle with the hybrid income stream from POHs, but our underwriting model is built to evaluate the full cash flow of a manufactured housing community.
We finance communities of all sizes starting at $100,000 with no stated maximum. Our typical MHP borrower is acquiring a community with 30 to 150 lots in a secondary or tertiary market with below-market lot rents and clear value-add opportunity.
Yes. We structure improvement holdbacks directly into the bridge loan. This capital funds infrastructure repairs, lot preparation, home placement for infill, and common area improvements. Funds are released through a draw process as work is completed and verified.
I would say most common types are permanent bank or agency debt, typically at 12 to 18 months once the park is stabilized. Other exits include CMBS loans, local bank financing, or sale of the stabilized asset.
We analyze comparable lot rents in the surrounding market, considering factors like park quality, amenities, location, and home types. Our underwriting models the path from current rents to market rents, including realistic timelines for rent adjustment programs with proper tenant notice periods.
Yes. Lot infill is one of the most effective value-add strategies in manufactured housing, and we can include infill capital in the bridge loan structure. The typical cost to source and place a used manufactured home on a prepared lot ranges from $8,000 to $15,000, with the new lot rent revenue significantly exceeding the financing cost.
Requity Lending provides manufactured housing financing nationwide. We evaluate each market based on employment fundamentals, population trends, housing affordability pressure, and comparable park operations in the area.
We can close MHP acquisitions in as fast as 72 hours from signed term sheet. Most manufactured housing deals close within 72 hours to 15 business days. We deliver term sheets within 48 hours of receiving a complete deal package.
State Guides
MHP financing by state
State-specific market data, regulations, and lending guidance for manufactured housing community investors.