Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › SOUTHSTATE BANK, NATIONAL ASSOCIATION
SOUTHSTATE BANK, NATIONAL ASSOCIATION
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
583
-20.7% vs 2024Originations
$78.1M
Loans x average loanAverage loan
$133,902
Average interest rate
7.37%
Denial rate
37%
Home only share
60%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 1,260 | 583 | $78.1M | $133,902 | 7.37% | 37% | 60% |
| 2024 | 1,636 | 735 | $71.0M | $96,551 | 7.45% | 34% | 69% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| FL | 436 | $48.6M | $111,468 | 7.33% | 30% | 67% |
| SC | 82 | $11.1M | $135,122 | 7.86% | 50% | 55% |
| GA | 31 | $4.6M | $149,516 | 6.76% | 38% | 3% |
| NC | 19 | $2.7M | $143,947 | 7.4% | 45% | 26% |
| AL | 7 | $985,000 | $140,714 | 7.37% | 65% | 29% |
| TX | 3 | $2.9M | $951,667 | 6.74% | 22% | 0% |
| VA | 2 | $270,000 | $135,000 | 7% | 0% | 0% |
| MN | 1 | $2.6M | $2,615,000 | 6.5% | 0% | n/a |
| IA | 1 | $1.9M | $1,935,000 | 7.25% | 0% | n/a |
| CO | 1 | $2.4M | $2,355,000 | 6.92% | 50% | n/a |
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.