Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Southern Bank and Trust Company
Southern Bank and Trust Company
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
58
+48.7% vs 2024Originations
$12.1M
Loans x average loanAverage loan
$207,759
Average interest rate
7.17%
Denial rate
10%
Home only share
2%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 69 | 58 | $12.1M | $207,759 | 7.17% | 10% | 2% |
| 2024 | 57 | 39 | $4.1M | $105,256 | 7.55% | 16% | 3% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 56 | $11.8M | $211,429 | 7.18% | 10% | 2% |
| VA | 2 | $210,000 | $105,000 | 6.94% | 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.