Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FAIRWAY INDEPENDENT MORT CORP
FAIRWAY INDEPENDENT MORT CORP
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
2,104
+6.0% vs 2024Originations
$436.0M
Loans x average loanAverage loan
$207,205
Average interest rate
6.75%
Denial rate
8%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 3,030 | 2,104 | $436.0M | $207,205 | 6.75% | 8% | 0% |
| 2024 | 2,864 | 1,984 | $402.4M | $202,843 | 6.91% | 8% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AZ | 303 | $64.8M | $213,878 | 6.79% | 7% | 0% |
| TX | 167 | $35.0M | $209,611 | 6.7% | 11% | 0% |
| NC | 154 | $28.3M | $183,831 | 6.93% | 8% | 0% |
| GA | 145 | $26.1M | $180,103 | 6.92% | 7% | 0% |
| WA | 139 | $41.4M | $298,094 | 6.58% | 7% | 0% |
| FL | 118 | $20.4M | $172,966 | 6.8% | 9% | 0% |
| TN | 95 | $15.8M | $166,263 | 6.56% | 10% | 0% |
| CA | 92 | $24.2M | $262,826 | 6.63% | 3% | 0% |
| AR | 91 | $11.3M | $123,901 | 6.56% | 8% | 0% |
| OR | 81 | $25.3M | $312,531 | 6.72% | 9% | 0% |
| CO | 78 | $18.9M | $241,667 | 6.67% | 6% | 0% |
| SC | 77 | $13.2M | $171,753 | 6.97% | 3% | 0% |
| IN | 70 | $11.7M | $167,714 | 7.12% | 12% | 0% |
| AL | 51 | $7.4M | $144,608 | 6.61% | 11% | 0% |
| WY | 44 | $10.3M | $234,318 | 6.73% | 2% | 0% |
| OH | 39 | $6.4M | $164,487 | 6.89% | 12% | 0% |
| ME | 34 | $7.4M | $217,647 | 6.63% | 2% | 0% |
| ID | 29 | $9.4M | $323,621 | 6.73% | 11% | 0% |
| WI | 26 | $4.9M | $187,308 | 7.02% | 11% | 0% |
| VA | 24 | $5.0M | $206,667 | 6.55% | 11% | 0% |
| NV | 23 | $5.0M | $215,870 | 6.85% | 0% | 0% |
| LA | 22 | $3.3M | $150,909 | 6.81% | 7% | 0% |
| MN | 22 | $3.8M | $172,273 | 6.92% | 3% | 0% |
| ND | 19 | $6.3M | $329,211 | 6.5% | 3% | 0% |
| MS | 18 | $1.8M | $102,222 | 5.8% | 7% | 0% |
| PA | 16 | $3.4M | $213,125 | 6.77% | 13% | 0% |
| MO | 16 | $2.2M | $136,250 | 6.76% | 8% | 0% |
| NH | 12 | $2.8M | $236,667 | 6.65% | 5% | 0% |
| UT | 10 | $2.8M | $279,000 | 6.65% | 17% | 0% |
| KS | 10 | $2.5M | $247,000 | 6.66% | 14% | 0% |
| KY | 10 | $1.4M | $143,000 | 6.6% | 0% | 0% |
| DE | 10 | $2.9M | $294,000 | 6.93% | 0% | 0% |
| MI | 8 | $1.4M | $171,250 | 6.8% | 8% | 0% |
| IL | 8 | $850,000 | $106,250 | 6.92% | 0% | 0% |
| SD | 7 | $1.4M | $195,000 | 6.3% | 0% | 0% |
| MT | 7 | $1.5M | $209,286 | 5.95% | 0% | 0% |
| OK | 6 | $870,000 | $145,000 | 7.33% | 0% | 0% |
| VT | 6 | $1.1M | $180,000 | 7.45% | 14% | 0% |
| NY | 6 | $1.1M | $178,333 | 6.75% | 13% | 0% |
| NE | 6 | $1.3M | $215,000 | 5.77% | 10% | 0% |
| NM | 3 | $705,000 | $235,000 | 6.79% | 20% | 0% |
| WV | 1 | $205,000 | $205,000 | 7.25% | 50% | 0% |
| NJ | 1 | $285,000 | $285,000 | 6.75% | 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.