Financing Information
We are recognized industry finance experts and this property specific knowledge enables us to represent your MH community to lenders effectively. Anthony and Gerry's outstanding relationships with numerous lenders allow Security Mortgage Group to obtain the best possible overall loan package for your specific needs. This ensures that you will receive the best rate and terms available. Call Anthony and Gerry today at (585) 423-0230 to learn how we can save you time and money.
We have developed strong relationships with our clients through diligence, efficiency, and integrity. Our philosophy is to always be available, over-deliver on promises, and make sure we understand the needs of our clients. Security Mortgage Group is proud to have brought savings and reduced risk to manufactured home community owners across the country.
Our Expertise
Security Mortgage Group is a four time winner of the Manufactured Housing Institute's Community Lending Broker of the Year award for dedication and contributions to the manufactured housing industry. Brothers Gerry and Anthony DiMarco have closed loans with several of the industry's most prominent and successful MH community owners nationwide. Security Mortgage Group has been working with the Manufactured Home Community industry for over 30 years.
Anthony and Gerry attend multiple mobile home park industry conferences every year, offering financial analysis and insight to fellow industry members and conference attendees. They are proud to have completed many successful transactions with members of the Manufactured Housing Institute (MHI) and other state associations.
Financing Program
MH Park Loan Features
- Loans ranging from $1,000,000 to $150,000,000
- Acquisitions, refinancing, & bridge mortgages
- Life Insurance Companies, Fannie Mae, Freddie Mac, CMBS, and regional banking options.
- Long term Fixed rates
- Up to 80% loan-to-value
- Up to 30 year amortizations
- Non-recourse
- Nationwide service
- Interest only terms available
- Financing for single properties or for portfolios of multiple properties
- Closings in 45-60 days
- MHP Loans starting at $500,000
- Lender fees capped
- Non-conduit program
- Step-down prepayment penalty, which is highly predictable
- Closings in 45-60 days