THE FOUNDATION
Revolving Credit Solutions
Your park is approved for a defined credit facility — a pool of capital you draw from, deploy into the community, and replenish as obligations are satisfied. Unlike a term loan, it doesn't expire when you spend it. Capital recovered through loan payoffs, FHA refinances, and completed placements flows back to the line — available for the next placement.
Traditional lenders don't finance this kind of growth. Conventional banks don't lend against vacant lots, don't understand the manufactured housing model, and don't move at the speed a park operator needs. The Keyhole Connect line was built specifically for this asset class — with underwriting criteria, program terms, and a replenishment structure designed around how manufactured housing communities actually operate.
HOW THE LINE OF CREDIT WORKS
1.
Park Approval
Approved at the park level — based on the community's profile and owner guarantee
2.
Flexible Draws
Draw capital at any time for qualifying in-fill purchases or resident loan originations
3.
Agreement Governed
Each draw is governed by your signed Keyhole Connect park agreement
4.
Self-Replenishing
As resident loans are retired through FHA refinance or full payoff, that capacity is restored for new draws
5.
Loan Sevicing
A third-party loan servicer manages all collections, reporting, and payment distributions on active loans
PRICING STRUCTURE
Two Rates. One Simple Framework
A flexible line of credit built exclusively for manufactured housing park owners — with two distinct deployment paths, transparent pricing, and a built-in exit strategy designed to keep capital moving.
PHASE 1
Cost + 1%
Initial Placement
The first 60 days after a draw are your window to get homes ready, marketed, and occupied. During this period Keyhole Connect charges the park cost of capital plus 1% — a reduced rate designed to give you breathing room while units are being placed.
PHASE 2
Cost + 2%
Ongoing Park Rate
Cost of capital plus 2% is the permanent rate — applied from Day 61 onward for any unit not yet occupied, and as the standard ongoing rate for all stabilized placements. This escalation creates urgency to keep the program moving at the pace it was designed for.
PHASE 3
Variable
Stabilized Homeowner Rate
During the Stabilized Phase, the park follows Keyhole Connect's guidelines as outlined in their signed agreement. The interest rate is determined based on the resident's financial profile and amount borrowed.
All rates are illustrative and subject to change per your executed park agreement.
GROWTH STRATEGY #1
In-Fill Lot Placement Capital
Dedicated financing to help park owners fill vacant lots with new or pre-owned homes.
Our Lot Placement Capital program is specifically designed to assist manufactured housing community owners in purchasing and placing new or pre-owned homes onto vacant lots. This service helps increase occupancy rates, generate rental income, and boost the overall value of your park. We understand the challenges of inventory acquisition and offer tailored financing to facilitate rapid lot infill and community growth, turning empty spaces into revenue-generating assets.
Capital Use Cases
Primarily used for purchasing new manufactured homes from dealers, transporting homes to the park, setting up utilities, and preparing lots for new residents. Can also cover costs associated with acquiring pre-owned homes for resale or rental within the community.
Approval Process
Specialized underwriting focused on park value and home placement potential, ensuring a fast and relevant approval process. Decisions often made within 5-7 business days.
GROWTH STRATEGY #1
In-Fill Lot Capital
Every vacant lot is unrealized lot rent. In-Fill Capital lets you draw from your line to purchase new or pre-owned manufactured homes, place them on empty sites, and get them occupied as fast as possible. The faster a home is occupied, the faster that lot rent starts flowing — and the lower your cost of capital stays.
Think about what a single vacant lot actually costs you. Not just the absence of lot rent — but the drag it puts on your cap rate, your valuation, and your ability to refinance or attract a buyer. A park operating at 70% occupancy is worth meaningfully less than the same park at 90%. Every lot you fill with an in-fill home doesn't just generate one new monthly payment — it lifts the value of every other lot in the community at the same time.
HOW IN-FILL CAPITAL IS DEPLOYED
1.
Source Homes
Draw from your line to purchase homes from dealers, brokers, or individual sellers
2.
Place Units
Place units on vacant lots within your community and set them up
3.
You Execute
You handle all marketing, resident qualification, and the sale or rental of each unit
4.
Day 60 Fallback
If a home isn't sold by Day 60, transition to rental or Lease-to-Own to generate income while you find a buyer
5.
Stabilized Income
Once a resident is in place, the lot enters the Stabilized Phase and begins generating monthly lot rent
GROWTH STRATEGY #2
Resident Home Purchase Financing
Financing solutions to help residents purchase homes within your manufactured housing community.
This service offers accessible and competitive financing options for residents looking to purchase new or pre-owned homes within your manufactured housing community. By empowering more individuals to become homeowners in your park, you can achieve higher occupancy, reduced turnover, and a more stable resident base. This also helps park owners facilitate sales of homes they own or homes from their preferred dealers, creating a win-win for both residents and park management.
Capital Use Cases
Used by residents to finance the purchase of new or pre-owned manufactured homes located within the park. Can also be structured to assist park owners in offering attractive financing packages to potential residents, making homeownership more attainable.
Approval Process
Resident-centric application process with clear terms and quick decisions, often pre-approved for qualified park residents. Approvals typically within 24-48 hours for complete applications.
FREE RESOURCE
Download the
Park Guide
Everything you need to understand how Keyhole Connect works with manufactured home parks — from our credit facility structure to how resident financing flows through your community.
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How our Placement and Stabilized phases work
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In-fill and resident financing explained side by side
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Title protection, credit insurance & exit strategy
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Risk controls and what protects your park
