π§ New Tool Drop: Lender Diligence Tracker for MHP Financing π¦π
Hey MHP Pros! I just dropped a new tool that I think many of you will find incredibly useful β especially if youβre actively shopping loans or building relationships with lenders. π¨ Introducing the Lender Diligence Tracker π¨ After contacting dozens of banks, credit unions, and lending institutions for MHP debt, I compiled everything into a single, organized document. This tool tracks: β
Which lenders do and donβt lend on mobile home parks β
Who is βon hook,β βin progress,β or has passed β
Detailed notes on rates, required docs, contacts, and follow-ups β
Updated treasury/SOFR benchmarks β
Prepayment penalties, LTV limits, amortization schedules, and more π Why it matters: If you're tired of wasting time cold-calling lenders that arenβt a fit, this tool is a shortcut. It can help you zero in on the ones that are actually lending on MHPs right now β and avoid the ones that will waste your time. π Access the tool by joining The MHP Pros Paid Mastermind for access to this and 60+ other tools and resources! Feel free to make a copy and use it for your own deals. Iβll be updating this regularly as new data comes in. Let me know if you want to contribute to it or if thereβs a feature youβd like added!