Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Performance Equity Partners, Inc.
Performance Equity Partners, Inc.
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
403
+33.9% vs 2024Originations
$18.2M
Loans x average loanAverage loan
$45,050
Average interest rate
12.98%
Denial rate
64%
Home only share
100%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 2,412 | 403 | $18.2M | $45,050 | 12.98% | 64% | 100% |
| 2024 | 1,475 | 301 | $12.4M | $41,246 | 13.55% | 56% | 100% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IL | 87 | $3.9M | $44,885 | 13.28% | 61% | 100% |
| MO | 52 | $2.3M | $43,269 | 13.37% | 63% | 100% |
| MI | 47 | $2.3M | $49,468 | 13.14% | 64% | 100% |
| WI | 44 | $2.0M | $45,909 | 12.85% | 62% | 100% |
| IA | 39 | $1.5M | $37,821 | 13.29% | 69% | 100% |
| KS | 34 | $1.4M | $41,765 | 11.34% | 47% | 100% |
| TX | 31 | $1.4M | $46,290 | 13.03% | 60% | 100% |
| IN | 27 | $1.2M | $43,889 | 12.83% | 65% | 100% |
| KY | 11 | $635,000 | $57,727 | 12.63% | 63% | 100% |
| OH | 9 | $415,000 | $46,111 | 13.53% | 74% | 100% |
| ND | 8 | $440,000 | $55,000 | 12.99% | 60% | 100% |
| PA | 7 | $275,000 | $39,286 | 12.56% | 43% | 100% |
| NE | 3 | $155,000 | $51,667 | 13.17% | 71% | 100% |
| MN | 2 | $80,000 | $40,000 | 14.03% | 67% | 100% |
| WY | 2 | $140,000 | $70,000 | 12.15% | 68% | 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.