Securing the best possible RV Park Loans involves more than a trip to your friendly neighborhood banker. As with all commercial lending situations, presenting your RV Park property in the best possible light, and understanding the nuances of the many financing programs available can make a huge difference in the quality of the loan offers you ultimately receive.
RV Parks are those that are designed for recreational vehicles. These properties may include mobile homes, but will be considered an RV PArk if 25% or more of the park is for RVs. Transient type occupancy is common.
K2 Commercial Finance will work with you to create the strongest possible RV Park Financing loan package for the purchase or refinance of a RV Park. Our job is to create the strongest possible loan submission package and target it to the exact lender or lending program for the specific property, or for your unique borrowing requirements.
As part of our underwriting process, we consider Market and Location considerations as well as the Property Conditions and Characteristics of the RV Park.
We also have a method of normalizing income and positioning expense considerations that helps our lenders provide the best possible loan offers in the shortest amount of time.
When you have a requirement for RV Park Financing and RV Park Loans, make sure to work with a mortgage specialist that understands this particular market niche. The difference between a good loan and the BEST possible loan could mean tens of thousands of income to you over the years!
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