Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Belem Servicing, LLC dba Patriot Home Mortgage
Belem Servicing, LLC dba Patriot Home Mortgage
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
15
+7.1% vs 2024Originations
$3.8M
Loans x average loanAverage loan
$253,667
Average interest rate
6.75%
Denial rate
7%
Home only share
n/a
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 27 | 15 | $3.8M | $253,667 | 6.75% | 7% | n/a |
| 2024 | 22 | 14 | $3.5M | $253,571 | 6.89% | 0% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| UT | 4 | $770,000 | $192,500 | 7.22% | 9% | n/a |
| FL | 3 | $705,000 | $235,000 | 6.63% | 0% | n/a |
| NV | 2 | $310,000 | $155,000 | 7.25% | 25% | n/a |
| TX | 2 | $520,000 | $260,000 | 6.43% | 0% | n/a |
| NM | 1 | $145,000 | $145,000 | 6.13% | 0% | n/a |
| ID | 1 | $565,000 | $565,000 | 6.25% | 0% | n/a |
| MT | 1 | $295,000 | $295,000 | 7% | 0% | n/a |
| CA | 1 | $495,000 | $495,000 | 5.75% | 0% | n/a |
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.