In today’s economy, it can be quite a challenge to find a financing plan for your mobile home park purchase or for the refinance of an existing mobile home park loan. When seeking financing for your mobile home park purchase or refinance, you would want to be guaranteed that you are making a deal with an honest lender who can help get you the best rates and terms.

There are two types of loans available for your mobile home park purchase or refinancing: fixed rate loans and adjustable rate loans. In fixed rate loans, the monthly payment and interest rates remain the fixed for the entire period of the loan. In adjustable rate loans, the interest rates fluctuate with changes in specific market indices.