Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Ciitizens Bank and Trust
First Ciitizens Bank and Trust
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
65
+75.7% vs 2024Originations
$8.1M
Loans x average loanAverage loan
$124,385
Average interest rate
6.3%
Denial rate
42%
Home only share
2%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 167 | 65 | $8.1M | $124,385 | 6.3% | 42% | 2% |
| 2024 | 134 | 37 | $8.0M | $215,270 | 6.76% | 57% | 3% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 42 | $5.4M | $128,571 | 6.39% | 40% | 2% |
| SC | 19 | $2.2M | $116,053 | 6.26% | 44% | 0% |
| CA | 2 | $200,000 | $100,000 | 5% | 50% | 0% |
| GA | 1 | $145,000 | $145,000 | 5.75% | 33% | 0% |
| VA | 1 | $135,000 | $135,000 | 6% | 67% | 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.