Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › T2 FINANCIAL LLC
T2 FINANCIAL LLC
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
380
-20.3% vs 2024Originations
$82.0M
Loans x average loanAverage loan
$215,737
Average interest rate
6.63%
Denial rate
16%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 603 | 380 | $82.0M | $215,737 | 6.63% | 16% | 0% |
| 2024 | 724 | 477 | $104.8M | $219,612 | 6.77% | 12% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 92 | $19.9M | $215,978 | 6.7% | 19% | 0% |
| SC | 67 | $13.4M | $200,672 | 6.68% | 18% | 0% |
| KY | 39 | $7.2M | $183,462 | 6.37% | 14% | 0% |
| ME | 32 | $7.3M | $228,750 | 6.64% | 0% | 0% |
| FL | 31 | $5.9M | $191,452 | 6.59% | 19% | 0% |
| AZ | 19 | $3.7M | $193,421 | 6.58% | 11% | 0% |
| TX | 18 | $3.1M | $173,333 | 6.78% | 8% | 0% |
| WA | 13 | $5.1M | $390,385 | 6.77% | 25% | 0% |
| CO | 11 | $3.9M | $350,455 | 6.73% | 8% | 0% |
| MI | 7 | $1.4M | $206,429 | 6.7% | 0% | 0% |
| OK | 7 | $1.5M | $219,286 | 6.14% | 11% | 0% |
| GA | 6 | $1.5M | $250,000 | 6.42% | 29% | 0% |
| TN | 6 | $1.2M | $198,333 | 6.63% | 33% | 0% |
| LA | 5 | $735,000 | $147,000 | 6.89% | 0% | 0% |
| VA | 5 | $1.6M | $317,000 | 6.62% | 0% | 0% |
| OH | 5 | $865,000 | $173,000 | 6.65% | 29% | 0% |
| AR | 4 | $750,000 | $187,500 | 6.81% | 14% | 0% |
| IN | 3 | $775,000 | $258,333 | 6.38% | 0% | 0% |
| PA | 2 | $220,000 | $110,000 | 6.38% | 0% | 0% |
| MS | 2 | $360,000 | $180,000 | 6.87% | 50% | 0% |
| WV | 1 | $165,000 | $165,000 | 6.49% | 0% | 0% |
| CT | 1 | $255,000 | $255,000 | 6.13% | 67% | 0% |
| KS | 1 | $235,000 | $235,000 | 7.13% | 0% | 0% |
| MO | 1 | $325,000 | $325,000 | 6.38% | 0% | 0% |
| NV | 1 | $405,000 | $405,000 | 6.63% | 0% | 0% |
| AL | 1 | $185,000 | $185,000 | 7.13% | 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.