Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Reliance Bank
First Reliance Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
41
+28.1% vs 2024Originations
$7.6M
Loans x average loanAverage loan
$185,976
Average interest rate
7.25%
Denial rate
17%
Home only share
2%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 58 | 41 | $7.6M | $185,976 | 7.25% | 17% | 2% |
| 2024 | 40 | 32 | $4.8M | $151,563 | 6.96% | 5% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| SC | 27 | $5.4M | $199,444 | 7.44% | 17% | 4% |
| VA | 6 | $870,000 | $145,000 | 7% | 0% | 0% |
| NC | 5 | $715,000 | $143,000 | 6.78% | 0% | 0% |
| WV | 2 | $540,000 | $270,000 | 6.75% | 60% | 0% |
| GA | 1 | $115,000 | $115,000 | 6.88% | 50% | 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.