Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST HORIZON BANK
FIRST HORIZON BANK
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
31
+72.2% vs 2024Originations
$5.2M
Loans x average loanAverage loan
$168,226
Average interest rate
6.91%
Denial rate
48%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 94 | 31 | $5.2M | $168,226 | 6.91% | 48% | 0% |
| 2024 | 55 | 18 | $3.2M | $177,778 | 7% | 53% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| TN | 11 | $2.1M | $188,636 | 7.1% | 53% | 0% |
| NC | 6 | $910,000 | $151,667 | 6.58% | 47% | 0% |
| FL | 4 | $940,000 | $235,000 | 7.09% | 36% | 0% |
| AR | 4 | $500,000 | $125,000 | 7.51% | 25% | 0% |
| LA | 3 | $375,000 | $125,000 | 5.92% | 50% | 0% |
| VA | 1 | $55,000 | $55,000 | 6.75% | 67% | 0% |
| GA | 1 | $215,000 | $215,000 | 6.5% | 67% | 0% |
| AL | 1 | $145,000 | $145,000 | 7.13% | 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.