Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Filo Mortgage, LLC
Filo Mortgage, LLC
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
15
+150.0% vs 2024Originations
$6.5M
Loans x average loanAverage loan
$433,667
Average interest rate
6.4%
Denial rate
23%
Home only share
40%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 47 | 15 | $6.5M | $433,667 | 6.4% | 23% | 40% |
| 2024 | 28 | 6 | $1.8M | $296,667 | 6.54% | 4% | 17% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| FL | 6 | $2.1M | $358,333 | 6.37% | 14% | 50% |
| AL | 2 | $380,000 | $190,000 | 7.13% | 20% | 0% |
| PA | 2 | $620,000 | $310,000 | 6.25% | 33% | 50% |
| NJ | 1 | $1.2M | $1,185,000 | 6.62% | 0% | 100% |
| WA | 1 | $285,000 | $285,000 | 5.63% | 0% | 0% |
| TN | 1 | $345,000 | $345,000 | 6.38% | 0% | 0% |
| TX | 1 | $1.1M | $1,125,000 | 6.25% | 60% | 100% |
| AZ | 1 | $415,000 | $415,000 | 6.13% | 0% | 0% |
Data source: Home Mortgage Disclosure Act (HMDA). Public annual data from the FFIEC and CFPB, loans reported with a manufactured home construction method. Informational only, not a recommendation of any lender.