Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › SOUTHWEST STAGE FUNDING LLC
SOUTHWEST STAGE FUNDING LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
2,693
+23.4% vs 2024Originations
$481.3M
Loans x average loanAverage loan
$178,721
Average interest rate
8.04%
Denial rate
10%
Home only share
63%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 11,561 | 2,693 | $481.3M | $178,721 | 8.04% | 10% | 63% |
| 2024 | 6,258 | 2,182 | $379.4M | $173,868 | 8.09% | 11% | 59% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| TX | 741 | $132.9M | $179,386 | 8.33% | 11% | 72% |
| SC | 327 | $59.6M | $182,401 | 7.77% | 9% | 59% |
| OK | 210 | $36.0M | $171,476 | 8.24% | 10% | 67% |
| FL | 190 | $42.1M | $221,526 | 7.12% | 14% | 36% |
| AL | 185 | $26.8M | $144,784 | 8.81% | 7% | 82% |
| NC | 149 | $27.4M | $184,195 | 7.41% | 7% | 46% |
| TN | 134 | $26.9M | $200,896 | 7.6% | 8% | 48% |
| GA | 132 | $25.1M | $189,848 | 7.59% | 7% | 54% |
| MS | 106 | $16.2M | $152,547 | 8.53% | 11% | 75% |
| AR | 84 | $12.6M | $149,524 | 8.15% | 11% | 68% |
| NM | 63 | $12.0M | $190,079 | 8.17% | 14% | 62% |
| MO | 54 | $9.1M | $167,963 | 8.04% | 13% | 76% |
| LA | 54 | $7.5M | $139,259 | 8.6% | 10% | 78% |
| OH | 47 | $8.5M | $179,894 | 8.02% | 8% | 60% |
| KY | 47 | $6.6M | $140,957 | 8.44% | 4% | 91% |
| VA | 44 | $9.5M | $216,591 | 7.29% | 4% | 36% |
| WV | 41 | $6.1M | $147,683 | 8.65% | 6% | 76% |
| AZ | 20 | $5.6M | $279,000 | 6.3% | 26% | 5% |
| IN | 14 | $1.7M | $121,429 | 8.36% | 15% | 71% |
| KS | 14 | $2.5M | $180,000 | 8.05% | 5% | 71% |
| IL | 7 | $795,000 | $113,571 | 8.86% | 6% | 71% |
| MT | 6 | $750,000 | $125,000 | 8.87% | 17% | 100% |
| PA | 5 | $1.1M | $223,000 | 6.4% | 9% | 20% |
| CO | 5 | $1.1M | $213,000 | 7.68% | 33% | 40% |
| WY | 3 | $565,000 | $188,333 | 6.83% | 17% | 67% |
| MI | 3 | $465,000 | $155,000 | 8.38% | 38% | 67% |
| WI | 2 | $160,000 | $80,000 | 9.23% | 20% | 100% |
| MN | 2 | $420,000 | $210,000 | 8.51% | 0% | 50% |
| CA | 2 | $820,000 | $410,000 | 5.56% | 15% | 0% |
| ID | 1 | $295,000 | $295,000 | 5.25% | 33% | 0% |
| WA | 1 | $205,000 | $205,000 | 6.25% | 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.