Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › THE FEDERAL SAVINGS BANK
THE FEDERAL SAVINGS BANK
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
203
+17.3% vs 2024Originations
$47.3M
Loans x average loanAverage loan
$232,882
Average interest rate
6.81%
Denial rate
12%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 514 | 203 | $47.3M | $232,882 | 6.81% | 12% | 0% |
| 2024 | 461 | 173 | $39.7M | $229,509 | 6.96% | 13% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 22 | $4.4M | $201,364 | 7.29% | 9% | 0% |
| CA | 14 | $3.8M | $270,000 | 6.8% | 9% | 0% |
| VA | 13 | $2.5M | $191,154 | 6.72% | 11% | 0% |
| TN | 12 | $3.6M | $303,333 | 6.74% | 20% | 0% |
| CO | 11 | $3.2M | $291,364 | 6.85% | 0% | 0% |
| FL | 9 | $2.0M | $225,000 | 6.64% | 13% | 0% |
| PA | 8 | $1.7M | $207,500 | 6.56% | 15% | 0% |
| OH | 8 | $1.1M | $141,250 | 6.94% | 6% | 0% |
| TX | 8 | $1.9M | $232,500 | 6.94% | 11% | 0% |
| OR | 8 | $2.4M | $301,250 | 6.28% | 8% | 0% |
| AL | 7 | $975,000 | $139,286 | 6.79% | 17% | 0% |
| GA | 7 | $1.3M | $190,714 | 6.83% | 8% | 0% |
| ID | 7 | $1.7M | $249,286 | 6.69% | 8% | 0% |
| MO | 7 | $1.7M | $249,286 | 6.89% | 0% | 0% |
| OK | 7 | $1.3M | $185,000 | 6.86% | 13% | 0% |
| NV | 6 | $1.5M | $256,667 | 6.85% | 0% | 0% |
| WA | 6 | $2.7M | $446,667 | 6.19% | 13% | 0% |
| KY | 5 | $735,000 | $147,000 | 6.7% | 0% | 0% |
| SC | 5 | $935,000 | $187,000 | 6.58% | 8% | 0% |
| IN | 4 | $780,000 | $195,000 | 6.94% | 30% | 0% |
| NM | 4 | $990,000 | $247,500 | 6.72% | 0% | 0% |
| NY | 4 | $970,000 | $242,500 | 6.84% | 42% | 0% |
| KS | 4 | $950,000 | $237,500 | 7% | 14% | 0% |
| AZ | 3 | $835,000 | $278,333 | 6.46% | 40% | 0% |
| IL | 3 | $675,000 | $225,000 | 7.92% | 0% | 0% |
| MN | 2 | $400,000 | $200,000 | 6.25% | 0% | 0% |
| MD | 2 | $570,000 | $285,000 | 6.63% | 0% | 0% |
| WV | 2 | $390,000 | $195,000 | 6.75% | 0% | 0% |
| UT | 1 | $255,000 | $255,000 | 6.88% | 25% | 0% |
| AR | 1 | $125,000 | $125,000 | 7% | 0% | 0% |
| VT | 1 | $225,000 | $225,000 | 7% | 0% | 0% |
| MI | 1 | $195,000 | $195,000 | 6.88% | 0% | 0% |
| NJ | 1 | $305,000 | $305,000 | 7.25% | 33% | 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.