Another Step in Becoming a Commercial Real Estate Mortgage Broker
Lesson 15 of 20, Mobile Home Park Underwriting in the Pioneer Realty Capital Commercial Mortgage Banking Certification Course provides step-by-step instructions on analyzing loan requests for mobile home parks.
This lesson begins by reviewing the required underwriting documents. Students will learn to perform rent roll, cash flow, and revenue trend analyses on mobile home park properties. Additionally, students will learn to properly summarize the results of their analysis. Finally, the lesson teaches various property valuation methods, how to create a pro forma, and how to run 12-month summaries for mobile home underwriting.