Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Change Lending, LLC
Change Lending, LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
58
+31.8% vs 2024Originations
$16.5M
Loans x average loanAverage loan
$284,828
Average interest rate
6.57%
Denial rate
5%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 80 | 58 | $16.5M | $284,828 | 6.57% | 5% | 0% |
| 2024 | 83 | 44 | $12.0M | $272,045 | 6.6% | 8% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| CA | 33 | $9.7M | $295,000 | 6.49% | 2% | 0% |
| NM | 6 | $1.1M | $186,667 | 6.81% | 0% | 0% |
| OR | 5 | $2.1M | $427,000 | 6.08% | 0% | 0% |
| ID | 4 | $920,000 | $230,000 | 6.75% | 14% | 0% |
| WA | 2 | $600,000 | $300,000 | 6.13% | 0% | 0% |
| AZ | 2 | $300,000 | $150,000 | 6.88% | 0% | 0% |
| TX | 2 | $470,000 | $235,000 | 7.06% | 50% | 0% |
| TN | 1 | $375,000 | $375,000 | 7.13% | 0% | 0% |
| AR | 1 | $275,000 | $275,000 | 6.25% | 0% | 0% |
| VA | 1 | $435,000 | $435,000 | 7.88% | 0% | 0% |
| NC | 1 | $155,000 | $155,000 | 7.25% | 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.