Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › GUARANTEED RATE, INC.
GUARANTEED RATE, INC.
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
1,161
+52.8% vs 2024Originations
$270.8M
Loans x average loanAverage loan
$233,234
Average interest rate
6.62%
Denial rate
13%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 2,654 | 1,161 | $270.8M | $233,234 | 6.62% | 13% | 0% |
| 2024 | 1,343 | 760 | $158.6M | $208,632 | 6.76% | 10% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AZ | 122 | $33.2M | $272,131 | 6.76% | 13% | 0% |
| NC | 108 | $20.1M | $185,926 | 6.59% | 11% | 0% |
| CA | 85 | $28.8M | $339,235 | 6.57% | 6% | 0% |
| FL | 82 | $16.4M | $200,244 | 6.58% | 16% | 0% |
| WA | 73 | $24.9M | $341,027 | 6.58% | 9% | 0% |
| SC | 66 | $10.8M | $163,182 | 6.84% | 17% | 0% |
| TX | 56 | $11.2M | $200,714 | 6.55% | 10% | 0% |
| TN | 55 | $12.2M | $221,364 | 6.46% | 11% | 0% |
| GA | 55 | $10.8M | $197,000 | 6.52% | 17% | 0% |
| CO | 54 | $14.1M | $261,852 | 6.49% | 8% | 0% |
| OR | 40 | $12.3M | $307,250 | 6.56% | 9% | 0% |
| OH | 39 | $7.4M | $190,385 | 6.61% | 16% | 0% |
| NV | 34 | $9.3M | $275,000 | 6.81% | 13% | 0% |
| AL | 26 | $3.0M | $115,000 | 6.68% | 19% | 0% |
| MN | 25 | $4.6M | $183,000 | 6.68% | 2% | 0% |
| MI | 24 | $4.4M | $183,750 | 6.73% | 15% | 0% |
| VA | 18 | $4.4M | $245,556 | 6.43% | 10% | 0% |
| WV | 18 | $3.3M | $182,222 | 6.87% | 8% | 0% |
| ID | 16 | $5.1M | $318,750 | 6.54% | 7% | 0% |
| KY | 15 | $3.2M | $213,667 | 6.58% | 26% | 0% |
| WI | 15 | $2.8M | $186,333 | 6.54% | 14% | 0% |
| ME | 14 | $3.4M | $245,000 | 6.2% | 15% | 0% |
| IL | 12 | $2.0M | $170,000 | 6.59% | 4% | 0% |
| IN | 12 | $2.3M | $189,167 | 6.49% | 22% | 0% |
| MT | 12 | $4.0M | $335,833 | 6.34% | 7% | 0% |
| MO | 11 | $2.1M | $189,545 | 6.59% | 21% | 0% |
| NM | 11 | $2.5M | $225,000 | 6.78% | 11% | 0% |
| PA | 10 | $1.6M | $157,000 | 6.77% | 14% | 0% |
| NY | 8 | $1.6M | $200,000 | 6.73% | 13% | 0% |
| OK | 7 | $1.4M | $202,143 | 6.71% | 10% | 0% |
| LA | 6 | $650,000 | $108,333 | 6.84% | 21% | 0% |
| WY | 6 | $1.8M | $305,000 | 6.72% | 0% | 0% |
| IA | 5 | $835,000 | $167,000 | 6.4% | 17% | 0% |
| MS | 5 | $715,000 | $143,000 | 6.95% | 13% | 0% |
| ND | 3 | $615,000 | $205,000 | 6.41% | 0% | 0% |
| UT | 3 | $665,000 | $221,667 | 6.88% | 50% | 0% |
| SD | 2 | $480,000 | $240,000 | 5.94% | 25% | 0% |
| NE | 2 | $190,000 | $95,000 | 6.66% | 0% | 0% |
| DE | 2 | $650,000 | $325,000 | 6.06% | 17% | 0% |
| MD | 1 | $215,000 | $215,000 | 5.75% | 33% | 0% |
| NJ | 1 | $175,000 | $175,000 | 6.99% | 25% | 0% |
| AR | 1 | $185,000 | $185,000 | 6.75% | 20% | 0% |
| MA | 1 | $235,000 | $235,000 | 6.88% | 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.