Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › TOWNE MORTGAGE COMPANY
TOWNE MORTGAGE COMPANY
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
449
+52.2% vs 2024Originations
$85.0M
Loans x average loanAverage loan
$189,321
Average interest rate
6.75%
Denial rate
7%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 627 | 449 | $85.0M | $189,321 | 6.75% | 7% | 0% |
| 2024 | 431 | 295 | $53.4M | $181,000 | 6.85% | 6% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| GA | 115 | $20.3M | $176,217 | 6.79% | 4% | 0% |
| SC | 57 | $11.0M | $192,719 | 6.58% | 6% | 0% |
| FL | 30 | $6.4M | $213,000 | 6.77% | 4% | 0% |
| NC | 28 | $5.7M | $204,643 | 6.62% | 6% | 0% |
| AL | 28 | $4.3M | $153,214 | 6.91% | 6% | 0% |
| VA | 28 | $4.7M | $167,857 | 6.66% | 6% | 0% |
| MS | 23 | $3.7M | $161,087 | 6.86% | 18% | 0% |
| TX | 19 | $3.6M | $191,842 | 6.72% | 4% | 0% |
| LA | 18 | $3.0M | $166,667 | 6.82% | 13% | 0% |
| MI | 15 | $3.0M | $199,000 | 6.81% | 14% | 0% |
| TN | 11 | $2.0M | $177,727 | 6.8% | 13% | 0% |
| KY | 11 | $1.7M | $156,818 | 6.87% | 13% | 0% |
| OK | 11 | $2.0M | $179,545 | 7.02% | 5% | 0% |
| KS | 9 | $1.6M | $178,333 | 7.07% | 8% | 0% |
| CO | 9 | $3.3M | $367,222 | 6.53% | 0% | 0% |
| MO | 7 | $1.2M | $169,286 | 6.55% | 9% | 0% |
| AZ | 4 | $1.1M | $267,500 | 6.25% | 33% | 0% |
| ND | 4 | $990,000 | $247,500 | 6.72% | 0% | 0% |
| WV | 3 | $525,000 | $175,000 | 6.79% | 0% | 0% |
| CA | 3 | $1.2M | $408,333 | 6.67% | 25% | 0% |
| PA | 3 | $605,000 | $201,667 | 6.96% | 0% | 0% |
| WI | 3 | $425,000 | $141,667 | 6.92% | 0% | 0% |
| OH | 2 | $420,000 | $210,000 | 7.38% | 20% | 0% |
| IL | 2 | $390,000 | $195,000 | 6.99% | 0% | 0% |
| WA | 2 | $710,000 | $355,000 | 6.12% | 0% | 0% |
| SD | 2 | $650,000 | $325,000 | 6.63% | 0% | 0% |
| MT | 1 | $405,000 | $405,000 | 7.13% | 0% | 0% |
| AR | 1 | $145,000 | $145,000 | 6.75% | 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.