Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST FEDERAL BANK
FIRST FEDERAL BANK
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
158
+3.3% vs 2024Originations
$34.3M
Loans x average loanAverage loan
$216,962
Average interest rate
6.49%
Denial rate
19%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 270 | 158 | $34.3M | $216,962 | 6.49% | 19% | 0% |
| 2024 | 231 | 153 | $32.7M | $213,627 | 6.58% | 18% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| FL | 95 | $21.0M | $221,421 | 6.49% | 20% | 0% |
| SC | 26 | $5.6M | $213,846 | 6.36% | 15% | 0% |
| GA | 17 | $3.0M | $177,941 | 6.41% | 17% | 0% |
| NC | 4 | $800,000 | $200,000 | 7.43% | 30% | 0% |
| WI | 3 | $785,000 | $261,667 | 6.66% | 0% | 0% |
| TX | 2 | $440,000 | $220,000 | 7.13% | 25% | 0% |
| NY | 2 | $240,000 | $120,000 | 6.13% | 25% | 0% |
| MN | 2 | $400,000 | $200,000 | 6.5% | 0% | 0% |
| TN | 2 | $460,000 | $230,000 | 6.19% | 0% | 0% |
| OK | 1 | $375,000 | $375,000 | 6.13% | 0% | 0% |
| IN | 1 | $135,000 | $135,000 | 7.13% | 0% | 0% |
| CA | 1 | $185,000 | $185,000 | 6.75% | 0% | 0% |
| OR | 1 | $455,000 | $455,000 | 6.25% | 33% | 0% |
| WA | 1 | $385,000 | $385,000 | 6.63% | 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.