Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › PHH MORTGAGE CORPORATION
PHH MORTGAGE CORPORATION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
244
+103.3% vs 2024Originations
$58.6M
Loans x average loanAverage loan
$240,205
Average interest rate
6.23%
Denial rate
14%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 703 | 244 | $58.6M | $240,205 | 6.23% | 14% | 0% |
| 2024 | 403 | 120 | $26.0M | $216,417 | 6.43% | 19% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AZ | 29 | $7.6M | $262,241 | 6.23% | 13% | 0% |
| TX | 18 | $3.9M | $213,889 | 6.45% | 6% | 0% |
| NC | 16 | $3.2M | $201,875 | 6.47% | 17% | 0% |
| FL | 15 | $3.1M | $206,333 | 6.1% | 12% | 0% |
| OR | 15 | $4.2M | $279,667 | 5.92% | 7% | 0% |
| TN | 13 | $2.8M | $218,846 | 6.18% | 13% | 0% |
| WA | 13 | $4.7M | $358,846 | 6.03% | 15% | 0% |
| CA | 13 | $4.2M | $322,692 | 5.84% | 13% | 0% |
| IN | 12 | $2.1M | $179,167 | 6.65% | 9% | 0% |
| MI | 10 | $1.8M | $175,000 | 6.29% | 7% | 0% |
| SC | 10 | $2.0M | $201,000 | 6.35% | 21% | 0% |
| VA | 8 | $2.2M | $272,500 | 6.44% | 22% | 0% |
| CO | 7 | $2.8M | $396,429 | 6.03% | 17% | 0% |
| UT | 6 | $1.8M | $291,667 | 6.29% | 25% | 0% |
| GA | 6 | $1.3M | $213,333 | 6.23% | 21% | 0% |
| MO | 5 | $955,000 | $191,000 | 6.27% | 15% | 0% |
| AL | 4 | $750,000 | $187,500 | 6.43% | 9% | 0% |
| AR | 4 | $750,000 | $187,500 | 6.22% | 17% | 0% |
| DE | 4 | $1.1M | $270,000 | 5.78% | 30% | 0% |
| NV | 4 | $1.1M | $270,000 | 6.15% | 9% | 0% |
| OH | 4 | $860,000 | $215,000 | 6.53% | 25% | 0% |
| OK | 4 | $1.1M | $282,500 | 5.9% | 0% | 0% |
| ID | 4 | $800,000 | $200,000 | 6.34% | 0% | 0% |
| NM | 3 | $585,000 | $195,000 | 6.29% | 20% | 0% |
| PA | 3 | $545,000 | $181,667 | 6.87% | 25% | 0% |
| KY | 2 | $240,000 | $120,000 | 5.75% | 10% | 0% |
| WV | 2 | $210,000 | $105,000 | 6.37% | 25% | 0% |
| LA | 2 | $280,000 | $140,000 | 6.5% | 20% | 0% |
| WY | 1 | $305,000 | $305,000 | 5.99% | 0% | 0% |
| MD | 1 | $235,000 | $235,000 | 6.49% | 0% | 0% |
| ME | 1 | $155,000 | $155,000 | 6.5% | 0% | 0% |
| MN | 1 | $195,000 | $195,000 | 6.13% | 0% | 0% |
| MS | 1 | $155,000 | $155,000 | 6.13% | 0% | 0% |
| MT | 1 | $255,000 | $255,000 | 5.5% | 0% | 0% |
| SD | 1 | $355,000 | $355,000 | 5.99% | 50% | 0% |
| WI | 1 | $115,000 | $115,000 | 4.88% | 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.