Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Home Mortgage
First Home Mortgage
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
13
+18.2% vs 2024Originations
$3.4M
Loans x average loanAverage loan
$263,462
Average interest rate
6.85%
Denial rate
13%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 16 | 13 | $3.4M | $263,462 | 6.85% | 13% | 0% |
| 2024 | 18 | 11 | $2.3M | $212,273 | 7.02% | 11% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 4 | $860,000 | $215,000 | 6.88% | 0% | 0% |
| MD | 3 | $895,000 | $298,333 | 6.74% | 0% | 0% |
| SC | 2 | $520,000 | $260,000 | 6.88% | 0% | 0% |
| TN | 2 | $540,000 | $270,000 | 6.81% | 0% | 0% |
| DE | 1 | $375,000 | $375,000 | 6.75% | 50% | 0% |
| VA | 1 | $235,000 | $235,000 | 7.25% | 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.