Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Summit Mortgage Corporation
Summit Mortgage Corporation
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
37
+23.3% vs 2024Originations
$7.2M
Loans x average loanAverage loan
$194,730
Average interest rate
6.81%
Denial rate
10%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 58 | 37 | $7.2M | $194,730 | 6.81% | 10% | 0% |
| 2024 | 47 | 30 | $5.8M | $193,000 | 6.78% | 4% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 10 | $2.0M | $199,000 | 6.84% | 0% | 0% |
| FL | 7 | $1.2M | $169,286 | 6.79% | 17% | 0% |
| MN | 7 | $1.4M | $202,143 | 6.77% | 11% | 0% |
| PA | 5 | $735,000 | $147,000 | 6.83% | 17% | 0% |
| WI | 3 | $745,000 | $248,333 | 6.88% | 0% | 0% |
| SC | 2 | $340,000 | $170,000 | 6.88% | 20% | 0% |
| ID | 1 | $335,000 | $335,000 | 6.13% | 0% | 0% |
| WA | 1 | $365,000 | $365,000 | 6.63% | 0% | 0% |
| MI | 1 | $95,000 | $95,000 | 7.5% | 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.