Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST COMMUNITY MORTGAGE, INC.
FIRST COMMUNITY MORTGAGE, INC.
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
293
+5.4% vs 2024Originations
$59.5M
Loans x average loanAverage loan
$202,952
Average interest rate
6.69%
Denial rate
12%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 428 | 293 | $59.5M | $202,952 | 6.69% | 12% | 0% |
| 2024 | 373 | 278 | $50.0M | $179,676 | 6.8% | 11% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| TN | 141 | $30.0M | $212,943 | 6.58% | 13% | 0% |
| FL | 25 | $4.1M | $165,000 | 6.82% | 4% | 0% |
| NC | 19 | $4.3M | $224,474 | 6.98% | 14% | 0% |
| GA | 18 | $3.4M | $190,556 | 6.87% | 7% | 0% |
| MI | 14 | $2.6M | $187,143 | 6.76% | 8% | 0% |
| KY | 14 | $2.4M | $170,000 | 6.93% | 16% | 0% |
| AL | 11 | $1.8M | $161,364 | 6.68% | 13% | 0% |
| PA | 9 | $2.0M | $222,778 | 6.93% | 10% | 0% |
| OH | 8 | $1.7M | $217,500 | 6.81% | 0% | 0% |
| MS | 5 | $645,000 | $129,000 | 6.62% | 25% | 0% |
| IN | 4 | $640,000 | $160,000 | 6.81% | 0% | 0% |
| SC | 4 | $1.2M | $300,000 | 6.25% | 33% | 0% |
| AR | 3 | $475,000 | $158,333 | 7% | 0% | 0% |
| VA | 3 | $595,000 | $198,333 | 6.54% | 0% | 0% |
| TX | 3 | $435,000 | $145,000 | 6.33% | 20% | 0% |
| MO | 2 | $290,000 | $145,000 | 6.68% | 0% | 0% |
| LA | 2 | $340,000 | $170,000 | 6.5% | 0% | 0% |
| IA | 2 | $670,000 | $335,000 | 6.81% | 0% | 0% |
| OR | 2 | $1.0M | $505,000 | 6.38% | 0% | 0% |
| CA | 1 | $265,000 | $265,000 | 7.25% | 33% | 0% |
| OK | 1 | $75,000 | $75,000 | 7.75% | 50% | 0% |
| NM | 1 | $305,000 | $305,000 | 6.25% | 50% | 0% |
| NE | 1 | $155,000 | $155,000 | 6.63% | 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.