Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Heritage Mortgage, LLC
First Heritage Mortgage, LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
40
+21.2% vs 2024Originations
$7.3M
Loans x average loanAverage loan
$183,000
Average interest rate
6.67%
Denial rate
12%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 58 | 40 | $7.3M | $183,000 | 6.67% | 12% | 0% |
| 2024 | 45 | 33 | $6.9M | $208,939 | 6.53% | 7% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| VA | 22 | $3.8M | $174,091 | 6.73% | 13% | 0% |
| FL | 8 | $1.6M | $196,250 | 6.41% | 0% | 0% |
| NC | 4 | $810,000 | $202,500 | 6.66% | 0% | 0% |
| SC | 4 | $750,000 | $187,500 | 6.81% | 14% | 0% |
| GA | 1 | $135,000 | $135,000 | 6.88% | 50% | 0% |
| WV | 1 | $225,000 | $225,000 | 6.49% | 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.