Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › SOUTHERN BANCORP BANK
SOUTHERN BANCORP BANK
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
78
-17.9% vs 2024Originations
$6.2M
Loans x average loanAverage loan
$80,000
Average interest rate
7.8%
Denial rate
10%
Home only share
26%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 117 | 78 | $6.2M | $80,000 | 7.8% | 10% | 26% |
| 2024 | 131 | 95 | $8.4M | $88,474 | 8.62% | 10% | 13% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AR | 71 | $6.0M | $84,155 | 7.82% | 10% | 27% |
| MS | 6 | $170,000 | $28,333 | 7.56% | 20% | 17% |
| LA | 1 | $95,000 | $95,000 | 7.75% | 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.