Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › LOANDEPOT.COM, LLC
LOANDEPOT.COM, LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
1,438
+29.2% vs 2024Originations
$255.0M
Loans x average loanAverage loan
$177,309
Average interest rate
6.88%
Denial rate
35%
Home only share
2%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 3,087 | 1,438 | $255.0M | $177,309 | 6.88% | 35% | 2% |
| 2024 | 2,493 | 1,113 | $204.8M | $184,021 | 6.81% | 36% | 1% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| FL | 146 | $22.3M | $152,603 | 6.91% | 34% | 0% |
| NC | 105 | $15.5M | $147,571 | 6.88% | 39% | 4% |
| OR | 104 | $26.6M | $255,865 | 6.79% | 15% | 1% |
| AZ | 97 | $18.3M | $188,299 | 6.98% | 29% | 2% |
| WA | 77 | $24.1M | $312,532 | 6.57% | 18% | 0% |
| CA | 69 | $16.6M | $240,362 | 6.75% | 33% | 1% |
| SC | 62 | $9.9M | $160,484 | 6.9% | 45% | 5% |
| OH | 61 | $9.1M | $148,934 | 6.85% | 30% | 5% |
| WV | 60 | $7.4M | $123,500 | 7.16% | 24% | 2% |
| TN | 55 | $9.3M | $169,545 | 6.7% | 38% | 2% |
| MI | 46 | $6.2M | $134,565 | 6.81% | 31% | 0% |
| GA | 43 | $5.4M | $125,930 | 7.15% | 40% | 2% |
| IN | 42 | $5.5M | $131,190 | 6.97% | 35% | 0% |
| NM | 37 | $7.0M | $188,514 | 7.08% | 38% | 0% |
| MO | 34 | $4.4M | $128,529 | 7.18% | 41% | 0% |
| AL | 32 | $3.5M | $108,438 | 7.14% | 47% | 6% |
| CO | 32 | $6.5M | $201,875 | 6.6% | 22% | 3% |
| LA | 30 | $3.1M | $103,667 | 7.39% | 39% | 3% |
| WI | 28 | $4.7M | $168,214 | 6.86% | 22% | 0% |
| VA | 26 | $4.6M | $176,538 | 7.06% | 36% | 0% |
| ID | 26 | $8.5M | $326,538 | 6.38% | 21% | 0% |
| NV | 26 | $5.1M | $197,692 | 6.74% | 39% | 0% |
| TX | 22 | $3.9M | $178,636 | 6.84% | 36% | 0% |
| KY | 20 | $2.1M | $104,500 | 7.02% | 35% | 5% |
| NY | 18 | $2.4M | $133,889 | 6.85% | 38% | 0% |
| MS | 17 | $2.1M | $122,647 | 6.84% | 42% | 0% |
| PA | 17 | $1.9M | $113,235 | 7.21% | 52% | 0% |
| MN | 16 | $2.9M | $178,125 | 6.8% | 32% | 6% |
| OK | 14 | $1.9M | $133,571 | 6.9% | 69% | 0% |
| IL | 11 | $1.4M | $127,727 | 7.09% | 40% | 0% |
| UT | 9 | $2.0M | $226,111 | 6.65% | 52% | 0% |
| MT | 8 | $2.1M | $258,750 | 6.37% | 50% | 0% |
| AR | 8 | $900,000 | $112,500 | 6.64% | 60% | 0% |
| VT | 6 | $1.0M | $170,000 | 7.12% | 14% | 0% |
| ME | 5 | $1.1M | $213,000 | 6.43% | 54% | 0% |
| WY | 5 | $1.2M | $233,000 | 6.07% | 25% | 0% |
| DE | 4 | $720,000 | $180,000 | 7.12% | 64% | 0% |
| IA | 4 | $590,000 | $147,500 | 6.97% | 38% | 0% |
| KS | 3 | $455,000 | $151,667 | 6.5% | 63% | 0% |
| NH | 3 | $725,000 | $241,667 | 6.71% | 33% | 0% |
| ND | 3 | $885,000 | $295,000 | 6.67% | 25% | 0% |
| NJ | 2 | $520,000 | $260,000 | 6.25% | 57% | 0% |
| MD | 1 | $205,000 | $205,000 | 6.5% | 67% | 0% |
| AK | 1 | $145,000 | $145,000 | 7.88% | 0% | 0% |
| NE | 1 | $115,000 | $115,000 | 6.5% | 60% | 0% |
| CT | 1 | $215,000 | $215,000 | 7.25% | 0% | 0% |
| SD | 1 | $75,000 | $75,000 | 6.99% | 75% | 100% |
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.