Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Highlands Residential Mortgage, Ltd.
Highlands Residential Mortgage, Ltd.
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
213
+30.7% vs 2024Originations
$44.7M
Loans x average loanAverage loan
$209,695
Average interest rate
6.76%
Denial rate
4%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 304 | 213 | $44.7M | $209,695 | 6.76% | 4% | 0% |
| 2024 | 252 | 163 | $34.3M | $210,215 | 6.84% | 4% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| TX | 61 | $12.7M | $208,607 | 6.74% | 6% | 0% |
| NC | 37 | $6.4M | $172,297 | 6.69% | 5% | 0% |
| WA | 23 | $7.5M | $324,565 | 6.82% | 4% | 0% |
| AR | 20 | $2.6M | $132,000 | 6.77% | 4% | 0% |
| OK | 19 | $3.7M | $195,000 | 6.66% | 0% | 0% |
| TN | 17 | $3.8M | $222,059 | 6.79% | 0% | 0% |
| ID | 11 | $3.1M | $277,727 | 6.72% | 7% | 0% |
| AZ | 6 | $1.8M | $298,333 | 6.71% | 0% | 0% |
| LA | 5 | $515,000 | $103,000 | 6.92% | 0% | 0% |
| AL | 3 | $565,000 | $188,333 | 6.83% | 0% | 0% |
| MO | 3 | $385,000 | $128,333 | 6.71% | 0% | 0% |
| MI | 2 | $410,000 | $205,000 | 7.06% | 0% | 0% |
| GA | 2 | $330,000 | $165,000 | 6.88% | 0% | 0% |
| NV | 1 | $295,000 | $295,000 | 7.25% | 0% | 0% |
| OR | 1 | $295,000 | $295,000 | 7.25% | 0% | 0% |
| KY | 1 | $195,000 | $195,000 | 7.5% | 0% | 0% |
| FL | 1 | $145,000 | $145,000 | 7.38% | 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.