size_park_loan
Which loans fit a mobile home park, and how much
Runs the Pad Count loan sizer on one mobile home park: for Fannie Mae MHC, Freddie Mac MHC, HUD 223(f) MHC and the user's own bank or CMBS terms it returns a verdict (fits, check first, doesn't fit), the loan amount (the smaller of value x max LTV and NOI / (coverage x loan constant)), which limit binds, the rate used (Treasury for the term plus a spread) and every published rule the park fails. SBA 7(a) and 504 come back as not eligible, with the SOP quote.
输入参数noi必填pads必填value必填purposeborrowerspread_pctterm_yearsloan_wantedhomes_on_siteoccupied_pads必填quality_levelcurrent_balance另有 6 个
value_park_on_lot_rent
Value a mobile home park on its lot rent
Runs the Pad Count lot-rent valuation worksheet: from pads, occupancy, lot rent, park-owned homes, other income and expenses it returns collected income, operating expenses, NOI, NOI from lots alone, value at the low, middle and high of a cap rate range the user supplies, value per pad, and the lender flags (85% occupancy, park-owned home share against the 25%/35% agency caps, pad minimums, Fannie Mae 5% economic vacancy floor, park-paid utilities).
输入参数pads必填payrollinsurancewater_sewerbad_debt_pctoccupied_pads必填management_pctproperty_taxescap_rate_low_pct必填lot_rent_monthly必填park_owned_homesreserves_per_pad另有 10 个
get_mhc_loan_program_rules
Mobile home park loan program rules
The published rules for financing a mobile home park (manufactured housing community) under Fannie Mae MHC, Freddie Mac Optigo MHC, HUD Section 223(f) MHC and SBA 7(a)/504: max LTV, min DSCR, amortization, minimum size, occupancy, park-owned home caps, borrower eligibility, reserves and mortgage insurance, each with its primary source and date. SBA comes back as not eligible, with the SOP quote.
输入参数program
get_new_manufactured_home_prices
Average price of a new manufactured home
The U.S. Census Bureau Manufactured Housing Survey average sales price of a new manufactured home, by month of shipment: single-section, double-section and all homes for the latest month published and the months before it. A yardstick for what filling a vacant pad with a new park-owned home costs.
无需输入参数。
