Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › NOVA Financial & Investment Corporation
NOVA Financial & Investment Corporation
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
348
+8.1% vs 2024Originations
$73.1M
Loans x average loanAverage loan
$210,172
Average interest rate
6.59%
Denial rate
17%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 539 | 348 | $73.1M | $210,172 | 6.59% | 17% | 0% |
| 2024 | 496 | 322 | $68.6M | $212,919 | 6.69% | 9% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AZ | 266 | $56.2M | $211,128 | 6.6% | 18% | 0% |
| NM | 36 | $4.6M | $128,056 | 6.68% | 17% | 0% |
| WA | 19 | $5.6M | $295,000 | 6.62% | 4% | 0% |
| OR | 14 | $4.0M | $286,429 | 6.3% | 15% | 0% |
| NV | 7 | $1.7M | $240,714 | 6.48% | 22% | 0% |
| CO | 2 | $440,000 | $220,000 | 6.38% | 40% | 0% |
| FL | 2 | $300,000 | $150,000 | 6.87% | 0% | 0% |
| CA | 1 | $255,000 | $255,000 | 6.88% | 0% | 0% |
| TN | 1 | $75,000 | $75,000 | 5.63% | 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.