Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST OPTION MORTGAGE, LLC
FIRST OPTION MORTGAGE, LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
31
-34.0% vs 2024Originations
$6.2M
Loans x average loanAverage loan
$199,516
Average interest rate
7.31%
Denial rate
11%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 57 | 31 | $6.2M | $199,516 | 7.31% | 11% | 0% |
| 2024 | 71 | 47 | $9.5M | $202,021 | 7.46% | 7% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| GA | 15 | $2.7M | $177,000 | 7.62% | 9% | 0% |
| IN | 7 | $1.5M | $217,857 | 6.61% | 0% | 0% |
| FL | 4 | $880,000 | $220,000 | 7.87% | 13% | 0% |
| LA | 2 | $370,000 | $185,000 | 6.63% | 0% | 0% |
| SC | 2 | $290,000 | $145,000 | 7.75% | 0% | 0% |
| TX | 1 | $465,000 | $465,000 | 7.25% | 30% | 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.