Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › SOFI BANK, NATIONAL ASSOCIATION
SOFI BANK, NATIONAL ASSOCIATION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
48
+269.2% vs 2024Originations
$8.2M
Loans x average loanAverage loan
$170,208
Average interest rate
6.86%
Denial rate
28%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 339 | 48 | $8.2M | $170,208 | 6.86% | 28% | 0% |
| 2024 | 110 | 13 | $3.1M | $238,846 | 6.87% | 41% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 10 | $1.3M | $129,000 | 7.01% | 14% | 0% |
| FL | 5 | $985,000 | $197,000 | 6.83% | 30% | 0% |
| NV | 5 | $775,000 | $155,000 | 6.47% | 0% | 0% |
| OR | 3 | $845,000 | $281,667 | 7.54% | 50% | 0% |
| CO | 2 | $550,000 | $275,000 | 6.31% | 20% | 0% |
| NM | 2 | $170,000 | $85,000 | 7.31% | 14% | 0% |
| VA | 2 | $340,000 | $170,000 | 6.19% | 33% | 0% |
| WA | 2 | $420,000 | $210,000 | 6.81% | 21% | 0% |
| SC | 2 | $370,000 | $185,000 | 7.06% | 10% | 0% |
| MI | 2 | $360,000 | $180,000 | 6.44% | 29% | 0% |
| UT | 1 | $155,000 | $155,000 | 6.88% | 0% | 0% |
| WI | 1 | $245,000 | $245,000 | 7.13% | 40% | 0% |
| AL | 1 | $115,000 | $115,000 | 7.63% | 20% | 0% |
| WV | 1 | $125,000 | $125,000 | 7.38% | 0% | 0% |
| GA | 1 | $75,000 | $75,000 | 6.75% | 29% | 0% |
| IA | 1 | $95,000 | $95,000 | 6.63% | 0% | 0% |
| IN | 1 | $165,000 | $165,000 | 7% | 22% | 0% |
| KY | 1 | $135,000 | $135,000 | 7.13% | 38% | 0% |
| MT | 1 | $195,000 | $195,000 | 5.63% | 17% | 0% |
| OK | 1 | $175,000 | $175,000 | 6.25% | 22% | 0% |
| PA | 1 | $245,000 | $245,000 | 7.5% | 33% | 0% |
| TN | 1 | $195,000 | $195,000 | 6.25% | 44% | 0% |
| TX | 1 | $145,000 | $145,000 | 7.63% | 23% | 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.