Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › NEWREZ LLC
NEWREZ LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
2,083
+44.4% vs 2024Originations
$497.9M
Loans x average loanAverage loan
$239,052
Average interest rate
6.4%
Denial rate
19%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 5,595 | 2,083 | $497.9M | $239,052 | 6.4% | 19% | 0% |
| 2024 | 3,783 | 1,443 | $327.5M | $226,954 | 6.63% | 22% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 235 | $46.6M | $198,191 | 6.37% | 19% | 0% |
| FL | 177 | $36.9M | $208,616 | 6.53% | 19% | 0% |
| WA | 154 | $55.2M | $358,571 | 6.3% | 13% | 0% |
| TX | 139 | $32.5M | $233,921 | 6.51% | 18% | 0% |
| AZ | 133 | $33.5M | $251,992 | 6.28% | 20% | 0% |
| OR | 127 | $42.3M | $333,346 | 6.3% | 11% | 0% |
| CA | 113 | $37.9M | $335,354 | 6.34% | 18% | 0% |
| TN | 105 | $24.1M | $229,571 | 6.23% | 16% | 0% |
| SC | 75 | $15.4M | $204,733 | 6.47% | 26% | 0% |
| GA | 72 | $13.9M | $193,611 | 6.38% | 22% | 0% |
| IN | 71 | $12.8M | $179,789 | 6.56% | 18% | 0% |
| MI | 62 | $11.5M | $185,806 | 6.59% | 20% | 0% |
| NY | 58 | $9.8M | $168,621 | 6.58% | 15% | 0% |
| LA | 47 | $6.9M | $146,702 | 6.64% | 15% | 0% |
| VA | 44 | $9.4M | $214,773 | 6.37% | 13% | 0% |
| OH | 40 | $8.5M | $213,000 | 6.5% | 20% | 0% |
| OK | 38 | $7.5M | $198,684 | 6.48% | 17% | 0% |
| CO | 38 | $11.4M | $301,053 | 6.29% | 19% | 0% |
| NV | 35 | $10.5M | $298,714 | 6.23% | 17% | 0% |
| MO | 32 | $7.0M | $217,500 | 6.32% | 10% | 0% |
| PA | 30 | $5.3M | $177,333 | 6.64% | 20% | 0% |
| KY | 30 | $6.0M | $200,333 | 6.51% | 26% | 0% |
| AL | 23 | $4.4M | $189,348 | 6.44% | 27% | 0% |
| NM | 19 | $4.5M | $235,526 | 6.54% | 33% | 0% |
| UT | 18 | $5.1M | $285,556 | 6.21% | 10% | 0% |
| ID | 16 | $5.6M | $349,375 | 6.19% | 10% | 0% |
| WV | 14 | $2.3M | $165,000 | 6.61% | 29% | 0% |
| MN | 14 | $3.1M | $221,429 | 6.54% | 24% | 0% |
| ME | 14 | $3.0M | $215,714 | 6.48% | 20% | 0% |
| MS | 13 | $2.1M | $162,692 | 6.31% | 33% | 0% |
| DE | 13 | $2.9M | $223,462 | 6.15% | 17% | 0% |
| AR | 12 | $2.7M | $221,667 | 6.13% | 22% | 0% |
| MT | 11 | $3.3M | $295,909 | 6.01% | 11% | 0% |
| WI | 11 | $2.5M | $225,909 | 6.34% | 14% | 0% |
| WY | 10 | $3.0M | $296,000 | 5.65% | 11% | 0% |
| IL | 7 | $1.1M | $150,714 | 6.77% | 30% | 0% |
| SD | 5 | $1.3M | $257,000 | 6.2% | 29% | 0% |
| AK | 5 | $1.4M | $277,000 | 6.4% | 22% | 0% |
| MD | 5 | $1.0M | $209,000 | 6.52% | 18% | 0% |
| KS | 4 | $590,000 | $147,500 | 6.56% | 30% | 0% |
| ND | 4 | $1.1M | $262,500 | 6.31% | 20% | 0% |
| VT | 3 | $855,000 | $285,000 | 5.42% | 9% | 0% |
| IA | 3 | $675,000 | $225,000 | 6.46% | 20% | 0% |
| NH | 2 | $330,000 | $165,000 | 5.94% | 44% | 0% |
| NJ | 1 | $105,000 | $105,000 | 6.88% | 0% | 0% |
| NE | 1 | $155,000 | $155,000 | 6.75% | 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.