Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Veritas Funding, LLC
Veritas Funding, LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
42
-4.5% vs 2024Originations
$10.2M
Loans x average loanAverage loan
$242,619
Average interest rate
6.15%
Denial rate
15%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 99 | 42 | $10.2M | $242,619 | 6.15% | 15% | 0% |
| 2024 | 119 | 44 | $10.0M | $227,727 | 6.42% | 9% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 10 | $2.1M | $209,000 | 6.15% | 17% | 0% |
| AZ | 5 | $1.1M | $225,000 | 6.52% | 0% | 0% |
| SC | 4 | $1.1M | $275,000 | 6.03% | 20% | 0% |
| MT | 4 | $1.0M | $255,000 | 6.28% | 17% | 0% |
| OR | 3 | $895,000 | $298,333 | 5.67% | 20% | 0% |
| TN | 3 | $645,000 | $215,000 | 6.04% | 17% | 0% |
| FL | 3 | $625,000 | $208,333 | 6.21% | 22% | 0% |
| ID | 2 | $700,000 | $350,000 | 5.94% | 33% | 0% |
| OH | 2 | $440,000 | $220,000 | 6% | 0% | 0% |
| UT | 2 | $670,000 | $335,000 | 6.31% | 0% | 0% |
| WY | 1 | $185,000 | $185,000 | 6.13% | 33% | 0% |
| CA | 1 | $225,000 | $225,000 | 7.13% | 25% | 0% |
| GA | 1 | $235,000 | $235,000 | 6% | 0% | 0% |
| NM | 1 | $235,000 | $235,000 | 5.5% | 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.