Manufactured Home Communities

Wells Fargo specializes in financing Manufactured Home Communities ("MHC"), offering various flexible lending programs to meet your needs. Our experience and dedication to this industry has made Wells Fargo a nationwide leader in MHC financing for more than 15 years.

Our products and services include:

• Loan programs: Freddie Mac, Fannie Mae, balance sheet, CMBS lending, correspondent lending.
• Flexible terms: Typically 3- to 10-year terms, floating- or fixed-rate, with longer maturities available.
• Amortization: Typically 30-year schedules. Interest-only available on a case-by-case basis.
• Loan to value: Up to 80% for acquisitions; 75% for cash-out refinances.
• Interest rates: Floating and fixed interest rates set at competitive spreads. Early rate lock typically available on fixed-rate loans.
• Liability: Typically non-recourse to borrower, except for the standard carve-outs.
• Closing process: Typically within 45 to 60 days from receipt of a complete loan application from borrower.

For more information on how Wells Fargo can help you finance manufactured home communities, contact us.