Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Southwest Funding, LP
Southwest Funding, LP
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
158
+85.9% vs 2024Originations
$34.1M
Loans x average loanAverage loan
$215,823
Average interest rate
6.37%
Denial rate
9%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 286 | 158 | $34.1M | $215,823 | 6.37% | 9% | 0% |
| 2024 | 129 | 85 | $16.0M | $187,824 | 7.06% | 6% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MS | 50 | $11.0M | $220,000 | 5.91% | 3% | 0% |
| AL | 30 | $6.5M | $215,333 | 6.36% | 6% | 0% |
| TX | 24 | $5.6M | $232,500 | 6.72% | 13% | 0% |
| LA | 15 | $2.5M | $168,333 | 6.74% | 13% | 0% |
| OK | 7 | $1.3M | $189,286 | 6.6% | 12% | 0% |
| TN | 7 | $1.2M | $172,143 | 7.21% | 6% | 0% |
| GA | 7 | $1.7M | $240,714 | 6.03% | 0% | 0% |
| WA | 5 | $1.5M | $305,000 | 6.12% | 0% | 0% |
| NM | 5 | $1.1M | $211,000 | 6.75% | 0% | 0% |
| SC | 5 | $955,000 | $191,000 | 6.65% | 0% | 0% |
| MO | 1 | $315,000 | $315,000 | 7.13% | 40% | 0% |
| KY | 1 | $245,000 | $245,000 | 7% | 0% | 0% |
| IN | 1 | $225,000 | $225,000 | 7.38% | 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.