Skip to main content
JFG

Search

    Press ⌘K or Ctrl+K

    SEE YOUR RATE

    Mobile Home Community Checklist

    Mobile home community loan checklist — amenities, 55+ HOPA, site rent, and community-owned home docs MHC lenders request. View online or download the PDF.

    A manufactured housing community loan adds amenities, age-restriction (HOPA) files, and community-owned rental homes on top of the land-lease packet — lenders price those items separately from pad rent.

    “Mobile home community” on this checklist means a manufactured housing community with amenities, age-restricted occupancy, or a meaningful share of community-owned rental homes — not just a pad-rent land-lease. Banks and CRE lenders will ask for these extras because they change NOI, compliance, and exit options (including agency MHC programs).

    Jaken Finance Group underwrites MHC bridge and value-add files nationwide at 8.99%–13.5% interest-only on qualified deals. Agency-adjacent takeouts usually want 50+ sites, city water and sewer, low community-owned-home ratios, and 80%+ occupancy. See the MHP / MHC program page and the bridge-to-agency playbook.

    If your park is a simple land-lease with few amenities, start with the mobile home park loan checklist. Use this list when the clubhouse, 55+ file, or community-owned rental homes are part of the story you are asking a lender to believe.

    Who this checklist is for

    Investors buying a manufactured housing community with amenities, age restriction, or community-owned homes. Category: MHC / amenities / 55+.

    How Jaken Finance Group reads this file

    55+ communities need HOPA occupancy verification — a marketing flyer that says “active adult” is not compliance. Lenders will ask for the file.

    Community-owned rental homes raise gross rent and raise habitability, turnover, and chattel risk. Inventory them by age, size, condition, and title/VIN.

    Waitlist and absorption data matter more on amenity communities than on a rural pad park. Bring 24 months, not a claim that “homes fill fast.”

    Apply at commercial loan request or call (833) 264-7776.

    What delays this file

    • 55+ claim with no HOPA occupancy verification
    • Amenity list with no condition or CapEx for the clubhouse or pool
    • Community-owned homes not inventoried separately from site rent
    • Resident association or HOA-style rules omitted
    • Waitlist described in conversation, not in a report
    • State MHC registration or community license missing

    How to assemble the packet

    1. Document the community, not just the pads. Site plan, home-site count, resident-owned vs community-owned split, amenity list and condition, and HOPA file if the community is age-restricted.
    2. Separate site rent from home rent. Build a rent roll that shows site rent, community-owned home rent, and ownership status by unit. Keep amenity expense on its own lines.
    3. Prove occupancy quality. Monthly occupancy by ownership type, waitlist or absorption, turnover, and community rules or resident-association documents.
    4. Add utilities, license, and submit. Water/sewer permits, community license, entity and sponsor MHC experience, then upload on the commercial request form.

    Program page: Manufactured home community financing · Related: Mobile home park checklist · Bridge-to-agency MHP playbook · MHP refinance & cash-out · MHP loan calculator

    Download or check off

    49 items · 10 sections

    0 of 49 collected

    1. Entity & legal documents

    2. Property & site information

    Age-restricted communities need documented HOPA occupancy verification.

    3. Utilities & infrastructure

    4. Financial performance

    5. Occupancy & community data

    6. Licensing, zoning & compliance

    7. Environmental & flood

    8. Sponsor / guarantor financials

    9. Purchase & appraisal-related (acquisitions only)

    10. Additional items commonly requested

    PDF preview

    The same list as a branded PDF — print it or send it to your attorney, CPA, or seller.

    Preview not loading? Download the PDF instead.

    Other loan checklists

    Frequently asked questions

    What is the difference between a mobile home park loan and a mobile home community loan?
    The park checklist is the land-lease pad-rent file. The community checklist adds amenities, 55+ / HOPA compliance, and community-owned rental homes — items that change NOI and agency eligibility.
    What is HOPA and why do MHC lenders ask for it?
    The Housing for Older Persons Act lets a community restrict occupancy to 55+ if it keeps verification records. Lenders want that file because losing the exemption can change who can live there and what the income looks like.
    Do community-owned homes help or hurt financing?
    They can raise rent and they add maintenance, vacancy, and chattel risk. Most commercial and agency desks prefer a high share of resident-owned homes. Inventory every community-owned unit and show that income separately.
    What occupancy do MHC lenders want?
    Stabilized community files often need 80%+ occupancy with a clean trailing history. Agency MHC programs are stricter on site count, utilities, and community-owned-home ratio. Bridge can fund a turnaround when the value-add plan is documented.

    Ready to submit a Mobile home community file?

    Bring the completed checklist. A labeled packet gets reviewed faster than a shared drive of unlabeled scans.

    Or call (833) 264-7776