Underwrite the opportunity
We review property performance, sponsorship, business plan, and financing priorities.
Manufactured Housing capital
Manufactured Housing Community Financing
Quick answer: Manufactured housing communities are one of the highest-yielding stabilized multifamily asset classes in commercial real estate, with strong agency execution, low historical vacancy, and durable tenant retention driven by the cost of relocating a manufactured home. Commercial Lending Solutions arranges MHC financing from agency lenders, banks and credit unions, CMBS, and debt funds for acquisition, refinance, and value-add repositioning.
NationwideMarket coverage
1,000+Capital relationships
$2MM+CLS engagement floor
24 hoursInitial response
Property fit
Financing manufactured housing assets.
Manufactured housing community investment has matured into an institutional asset class over the past decade, with private equity, REITs, and family offices all actively bidding for stabilized 4-star and 5-star communities. Underwriting fundamentals are favorable: residents own their homes and rent the lot, so capex obligations are minimal compared to apartment ownership; relocating a manufactured home costs $5,000 to $15,000, producing tenant retention rates that exceed 90 percent annually; and demand for affordable housing continues to grow in markets where conventional rentals price out moderate-income households. Agency lenders treat MHC as a multifamily asset class and offer dedicated programs (Fannie Mae MHC, Freddie Mac MHC, including small balance versions) with non-recourse 10-year fixed-rate financing at competitive multifamily spreads. Commercial Lending Solutions has placed MHC capital across 3-star to 5-star communities, age-restricted (55+) parks, and RV resort hybrids.
Underwriting starts with the asset: income durability, tenancy or operations, physical condition, market position, sponsorship, and the proposed business plan shape the lender universe.
01
3-Star Entry-Level Communities
02
4-Star Mid-Grade Communities
03
5-Star Class A Communities
04
Age-Restricted 55+ Communities
05
RV Resort Hybrids
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Tenant-Owned Home Communities (TOH)
07
Land-Lease Only Parks
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Conversion / Adaptive Reuse Sites
Capital options
How we approach manufactured housing financing.
We match the property, sponsorship, and business plan to lenders with current appetite, then compare proceeds, pricing, recourse, reserves, prepayment, and closing certainty.
| Financing path | Where it may fit |
|---|---|
| Agency (Fannie Mae MHC, Freddie Mac MHC, MHC SBL) | Programmatic multifamily or housing capital with defined underwriting, documentation, and eligibility requirements. |
| Bank & Credit Union Permanent | Relationship-oriented capital that can offer local market knowledge and structural flexibility, with recourse often considered. |
| CMBS Conduit | Non-recourse execution with broad property appetite, balanced against more standardized servicing and prepayment provisions. |
| Life Insurance Company Loans | Long-duration fixed-rate capital for high-quality assets and experienced sponsors, generally with conservative leverage. |
| Bridge & Value-Add Debt Funds | Flexible capital for transitional, complex, leveraged, or time-sensitive executions where conventional credit boxes may not fit. |
| USDA Rural Development | Program-specific capital evaluated for current appetite, proceeds, pricing, recourse, flexibility, and certainty of close. |
How we work
One process. Multiple capital sources.
The objective is not simply to find a lender. It is to create a credible, comparable set of financing choices around the transaction.
Property-level insight and lender appetite have to meet before pricing becomes meaningful.
Target active lender desks
The request is matched to capital sources that understand the asset and market.
Compare complete proposals
Rate, proceeds, recourse, reserves, prepayment, and execution risk are evaluated together.
Manage the closing
We coordinate lender diligence, third-party reports, documentation, and issue resolution through funding.
National reach
Market knowledge where the asset requires it.
We arrange manufactured housing financing nationwide while accounting for local property fundamentals and lender appetite.
Atlanta, GABoston, MAChicago, ILDallas, TXDenver, COHouston, TXLos Angeles, CAMiami, FLNashville, TNNew York, NYPhoenix, AZSan Diego, CASan Francisco, CASeattle, WATampa, FL
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Let's evaluate your manufactured housing financing request.
Share the property and transaction. We will respond within 24 hours with an initial view.