Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › MILEND, INC.
MILEND, INC.
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
74
+138.7% vs 2024Originations
$14.4M
Loans x average loanAverage loan
$194,459
Average interest rate
6.53%
Denial rate
21%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 334 | 74 | $14.4M | $194,459 | 6.53% | 21% | 0% |
| 2024 | 86 | 31 | $5.4M | $175,323 | 6.81% | 10% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 18 | $3.3M | $184,444 | 6.66% | 17% | n/a |
| GA | 14 | $2.7M | $195,714 | 6.61% | 23% | n/a |
| TN | 13 | $2.9M | $225,769 | 6.32% | 27% | n/a |
| AL | 10 | $1.9M | $185,000 | 6.72% | 21% | 0% |
| FL | 6 | $1.1M | $190,000 | 6.35% | 20% | n/a |
| VA | 4 | $710,000 | $177,500 | 6.28% | 6% | n/a |
| SC | 3 | $545,000 | $181,667 | 6.41% | 27% | n/a |
| IN | 2 | $370,000 | $185,000 | 6.24% | 12% | n/a |
| MN | 1 | $295,000 | $295,000 | 6.99% | 0% | n/a |
| MI | 1 | $145,000 | $145,000 | 5.99% | 40% | n/a |
| OH | 1 | $165,000 | $165,000 | 6.63% | 25% | n/a |
| KY | 1 | $175,000 | $175,000 | 6.63% | 33% | 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.