Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › DIRECT MORTGAGE LOANS, LLC
DIRECT MORTGAGE LOANS, LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
55
-16.7% vs 2024Originations
$12.2M
Loans x average loanAverage loan
$221,545
Average interest rate
6.69%
Denial rate
2%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 87 | 55 | $12.2M | $221,545 | 6.69% | 2% | 0% |
| 2024 | 90 | 66 | $13.6M | $206,212 | 6.75% | 6% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| SC | 10 | $2.8M | $279,000 | 6.5% | 0% | 0% |
| IN | 9 | $1.5M | $170,556 | 6.69% | 0% | 0% |
| MD | 6 | $1.4M | $238,333 | 6.69% | 0% | 0% |
| AZ | 5 | $1.6M | $315,000 | 6.5% | 14% | 0% |
| DE | 5 | $1.3M | $255,000 | 6.98% | 0% | 0% |
| PA | 4 | $810,000 | $202,500 | 6.37% | 0% | 0% |
| FL | 4 | $610,000 | $152,500 | 7.16% | 0% | 0% |
| NC | 3 | $555,000 | $185,000 | 6.7% | 0% | 0% |
| TX | 3 | $665,000 | $221,667 | 7.17% | 0% | 0% |
| AL | 2 | $240,000 | $120,000 | 6.37% | 0% | 0% |
| WV | 1 | $95,000 | $95,000 | 7.13% | 0% | 0% |
| NM | 1 | $195,000 | $195,000 | 6.38% | 0% | 0% |
| VA | 1 | $155,000 | $155,000 | 7% | 0% | 0% |
| WI | 1 | $255,000 | $255,000 | 6.49% | 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.