Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Southern Trust Mortgage, LLC
Southern Trust Mortgage, LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
31
+6.9% vs 2024Originations
$6.3M
Loans x average loanAverage loan
$202,097
Average interest rate
6.93%
Denial rate
2%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 45 | 31 | $6.3M | $202,097 | 6.93% | 2% | 0% |
| 2024 | 41 | 29 | $6.1M | $209,483 | 7.04% | 5% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| VA | 14 | $3.0M | $212,143 | 6.74% | 0% | 0% |
| NC | 13 | $2.5M | $190,385 | 7.12% | 0% | 0% |
| SC | 4 | $820,000 | $205,000 | 7% | 20% | 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.