Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › TRUIST BANK
TRUIST BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
315
+1.3% vs 2024Originations
$45.5M
Loans x average loanAverage loan
$144,397
Average interest rate
6.43%
Denial rate
33%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 810 | 315 | $45.5M | $144,397 | 6.43% | 33% | 0% |
| 2024 | 818 | 311 | $45.3M | $145,611 | 6.6% | 36% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 147 | $20.8M | $141,667 | 6.47% | 28% | 0% |
| FL | 28 | $4.4M | $157,143 | 6.48% | 40% | 0% |
| WV | 27 | $3.1M | $115,370 | 6.3% | 21% | 0% |
| VA | 24 | $3.3M | $138,333 | 6.24% | 42% | 0% |
| GA | 22 | $3.3M | $151,818 | 6.63% | 28% | 0% |
| SC | 20 | $2.7M | $135,000 | 6.34% | 26% | 0% |
| TN | 17 | $2.6M | $151,471 | 6.35% | 32% | 0% |
| KY | 16 | $1.9M | $116,875 | 6.43% | 24% | 0% |
| PA | 5 | $2.1M | $411,000 | 6.36% | 75% | 0% |
| MD | 5 | $895,000 | $179,000 | 6.27% | 50% | 0% |
| TX | 2 | $150,000 | $75,000 | 7.06% | 50% | 0% |
| DE | 1 | $95,000 | $95,000 | 5.99% | 0% | 0% |
| AL | 1 | $145,000 | $145,000 | 6.88% | 44% | 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.