Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Choice MH LLC
First Choice MH LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
164
-11.8% vs 2024Originations
$15.4M
Loans x average loanAverage loan
$94,207
Average interest rate
10.35%
Denial rate
11%
Home only share
100%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 185 | 164 | $15.4M | $94,207 | 10.35% | 11% | 100% |
| 2024 | 204 | 186 | $17.3M | $92,742 | 10.32% | 9% | 100% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MI | 104 | $10.0M | $95,865 | 10.35% | 13% | 100% |
| TX | 54 | $4.8M | $89,815 | 10.35% | 10% | 100% |
| OH | 6 | $630,000 | $105,000 | 10.35% | 0% | 100% |
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.