Security Mortgage Group Provides Financing for Six More Manufactured Home Communities, Investor Interest in MH Sector Soar$

June 19, 2017

  • Security Mortgage Group is a premier national lending source for Manufactured Home Communities, and is a four-time recipient of the “Manufactured Home Community Lending Broker of the Year” award given by the Manufactured Housing Institute.
  • ROCHESTER, N.Y. – Security Mortgage Group, a national award-winning Manufactured Home Community (MHC) lending broker, informed MHProNews that they have provided financing for another 6 manufactured home communities.

    During May and early June, some $23,603,750 in lending was provided for several manufactured home communities in a variety of markets and sizes.

    Billions in manufactured home community deals have occurred in recent years.  Performance of manufactured home properties during the 2008 housing/mortgage crash outperformed that of other types of real estate investments.  In fact, investments and sales in manufactured housing have been growing at double digit rates, per the report and analysis, linked here.

    Security Mortgage Group is a national income producing asset lender, which has been deeply engaged in manufactured homes for decades.

    Transactions were arranged by:

    • Security Mortgage Group Managing Director, Gerard D. DiMarco, Jr.,
    • Anthony J. DiMarco, the other Managing Director, and
    • Pierce Redmond, Vice President.

    These recent closing included closings with flexible terms, small balance loans, non-resources, and other appealing terms and conditions. 

    To learn more about the details of the recent loan closings and transactions, click here. ##

    About Security Mortgage Group

    Security Mortgage Group is a premier national lending source for Manufactured Home Communities, and is a four-time recipient of the “Manufactured Home Community Lending Broker of the Year” award given by the Manufactured Housing Institute (MHI)

    Media Contact:

    Pierce Redmond

    Security Mortgage Group LLC

    2370 Monroe Avenue

    Rochester, New York 14618

    Tel: (585) 423-0230

    Cell: (585) 507-3359

    Fax: (585) 232-3164

    pierce@securitymortgagegroup.net

    www.securitymortgagegroup.net

     

    Contact Detail:

    Company Name: MHProNews.com
    Contact Person: L.A.'Tony' Kovach
    Email: tony@mhmsm.com
    Phone No: 8632134090
    Address: 4210 Arietta Lane
    City: Lakeland
    State: Florida
    Country: United States
    Website Url: www.MHProNews.com


    Source: www.PRExhibition.com

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