Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Palmetto Bank
First Palmetto Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
12
-14.3% vs 2024Originations
$2.3M
Loans x average loanAverage loan
$192,500
Average interest rate
6.48%
Denial rate
29%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 21 | 12 | $2.3M | $192,500 | 6.48% | 29% | 0% |
| 2024 | 19 | 14 | $2.5M | $179,286 | 6.92% | 16% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| SC | 11 | $2.1M | $188,636 | 6.5% | 30% | 0% |
| NC | 1 | $235,000 | $235,000 | 6.25% | 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.