Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Colony Mortgage Corporation
First Colony Mortgage Corporation
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
91
+26.4% vs 2024Originations
$20.3M
Loans x average loanAverage loan
$222,582
Average interest rate
6.71%
Denial rate
12%
Home only share
1%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 158 | 91 | $20.3M | $222,582 | 6.71% | 12% | 1% |
| 2024 | 122 | 72 | $15.7M | $217,639 | 6.7% | 9% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| GA | 13 | $2.2M | $171,923 | 6.65% | 5% | 0% |
| WI | 11 | $2.1M | $195,000 | 6.67% | 14% | 0% |
| ID | 11 | $2.6M | $239,545 | 6.47% | 0% | 0% |
| CA | 9 | $2.9M | $321,667 | 6.96% | 13% | 0% |
| UT | 8 | $1.9M | $231,250 | 6.67% | 0% | 0% |
| TN | 7 | $1.6M | $229,286 | 6.93% | 40% | 0% |
| OR | 6 | $1.4M | $226,667 | 6.43% | 13% | 0% |
| MI | 6 | $770,000 | $128,333 | 7.88% | 0% | 0% |
| AZ | 3 | $775,000 | $258,333 | 6.33% | 0% | 0% |
| AL | 2 | $520,000 | $260,000 | 6.88% | 0% | 0% |
| FL | 2 | $220,000 | $110,000 | 6.63% | 33% | 50% |
| NC | 2 | $460,000 | $230,000 | 6.75% | 0% | 0% |
| NV | 2 | $900,000 | $450,000 | 6.56% | 0% | 0% |
| WV | 2 | $360,000 | $180,000 | 6.38% | 0% | 0% |
| MS | 1 | $245,000 | $245,000 | 5.99% | 0% | 0% |
| IN | 1 | $185,000 | $185,000 | 6.25% | 50% | 0% |
| TX | 1 | $125,000 | $125,000 | 6.5% | 33% | 0% |
| CO | 1 | $575,000 | $575,000 | 5.63% | 0% | 0% |
| VA | 1 | $95,000 | $95,000 | 6.88% | 0% | 0% |
| ND | 1 | $165,000 | $165,000 | 6.75% | 0% | 0% |
| AR | 1 | $135,000 | $135,000 | 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.