Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › NATIONS LENDING CORPORATION
NATIONS LENDING CORPORATION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
716
+7.2% vs 2024Originations
$144.5M
Loans x average loanAverage loan
$201,788
Average interest rate
6.43%
Denial rate
13%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 1,025 | 716 | $144.5M | $201,788 | 6.43% | 13% | 0% |
| 2024 | 943 | 668 | $136.1M | $203,728 | 6.52% | 8% | 1% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| FL | 77 | $15.9M | $206,429 | 6.4% | 14% | 0% |
| AZ | 71 | $14.6M | $206,127 | 6.58% | 7% | 0% |
| NC | 58 | $9.9M | $170,690 | 6.44% | 12% | 0% |
| OR | 45 | $13.0M | $289,444 | 6.47% | 6% | 0% |
| TN | 41 | $8.6M | $209,146 | 6.32% | 15% | 0% |
| SC | 39 | $6.9M | $177,308 | 6.28% | 11% | 0% |
| OH | 32 | $6.4M | $200,000 | 6.52% | 11% | 0% |
| WA | 28 | $7.3M | $259,643 | 6.21% | 11% | 0% |
| VA | 25 | $4.9M | $195,800 | 6.37% | 13% | 0% |
| GA | 25 | $3.9M | $157,400 | 6.24% | 8% | 0% |
| IN | 24 | $4.4M | $181,667 | 6.36% | 16% | 0% |
| TX | 21 | $4.4M | $211,190 | 7.21% | 13% | 0% |
| KY | 18 | $3.1M | $173,889 | 6.42% | 17% | 0% |
| MI | 16 | $2.5M | $157,500 | 6.15% | 18% | 0% |
| PA | 15 | $2.7M | $183,000 | 6.22% | 15% | 0% |
| OK | 14 | $2.1M | $149,286 | 6.63% | 30% | 0% |
| WI | 14 | $2.3M | $161,429 | 6.52% | 10% | 0% |
| CA | 14 | $3.7M | $261,429 | 6.44% | 10% | 0% |
| NV | 14 | $3.9M | $281,429 | 6.29% | 10% | 0% |
| AL | 13 | $2.0M | $154,231 | 6.55% | 33% | 0% |
| MO | 13 | $2.4M | $181,154 | 6.42% | 25% | 0% |
| NM | 12 | $2.8M | $229,167 | 6.59% | 24% | 0% |
| CO | 11 | $2.9M | $265,000 | 6.17% | 7% | 0% |
| AR | 10 | $1.7M | $170,000 | 6.24% | 13% | 0% |
| MS | 9 | $1.6M | $172,778 | 5.97% | 21% | 0% |
| LA | 9 | $1.2M | $136,111 | 7.07% | 28% | 0% |
| MN | 8 | $1.1M | $131,250 | 6.77% | 9% | 0% |
| ID | 8 | $2.0M | $255,000 | 6.28% | 20% | 0% |
| WV | 6 | $1.1M | $188,333 | 6.31% | 0% | 0% |
| IL | 5 | $625,000 | $125,000 | 6.48% | 0% | 0% |
| MT | 5 | $1.3M | $255,000 | 6.68% | 0% | 0% |
| DE | 5 | $715,000 | $143,000 | 6.43% | 17% | 0% |
| NH | 4 | $970,000 | $242,500 | 6.16% | 0% | 0% |
| ND | 3 | $815,000 | $271,667 | 6.01% | 0% | 0% |
| UT | 2 | $390,000 | $195,000 | 6.12% | 0% | 0% |
| MD | 1 | $125,000 | $125,000 | 5.99% | 0% | 0% |
| ME | 1 | $255,000 | $255,000 | 5.5% | 33% | 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.