Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › PENNYMAC LOAN SERVICES LLC
PENNYMAC LOAN SERVICES LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
963
+45.5% vs 2024Originations
$238.4M
Loans x average loanAverage loan
$247,513
Average interest rate
6.31%
Denial rate
16%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 2,080 | 963 | $238.4M | $247,513 | 6.31% | 16% | 0% |
| 2024 | 1,310 | 662 | $159.9M | $241,601 | 6.26% | 17% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| FL | 107 | $24.2M | $226,495 | 6.43% | 21% | 0% |
| NC | 95 | $19.8M | $208,789 | 6.21% | 13% | 0% |
| CA | 67 | $23.9M | $357,388 | 6.42% | 21% | 0% |
| GA | 59 | $12.3M | $208,559 | 6.31% | 16% | 0% |
| WA | 55 | $22.0M | $399,182 | 6.3% | 17% | 0% |
| AZ | 50 | $13.8M | $275,800 | 6.29% | 17% | 0% |
| TN | 47 | $10.9M | $230,957 | 6.21% | 18% | 0% |
| TX | 47 | $10.3M | $218,830 | 6.35% | 17% | 0% |
| OR | 39 | $13.3M | $340,897 | 6.38% | 11% | 0% |
| MO | 33 | $6.4M | $195,000 | 6.39% | 18% | 0% |
| NV | 30 | $8.2M | $271,667 | 6.44% | 10% | 0% |
| SC | 26 | $5.2M | $198,846 | 6.2% | 14% | 0% |
| OH | 25 | $4.8M | $192,600 | 6.35% | 15% | 0% |
| VA | 22 | $4.7M | $214,545 | 6.19% | 8% | 0% |
| NM | 19 | $4.4M | $229,737 | 6.32% | 20% | 0% |
| MI | 19 | $3.3M | $173,421 | 6.34% | 24% | 0% |
| IN | 18 | $3.2M | $176,111 | 6.25% | 6% | 0% |
| AL | 18 | $3.1M | $171,667 | 6.37% | 11% | 0% |
| KS | 17 | $3.8M | $222,647 | 6.39% | 16% | 0% |
| KY | 16 | $3.3M | $203,750 | 6.08% | 17% | 0% |
| OK | 15 | $3.0M | $200,333 | 6.32% | 16% | 0% |
| CO | 13 | $4.7M | $359,615 | 6.24% | 17% | 0% |
| PA | 12 | $2.5M | $207,500 | 6.26% | 21% | 0% |
| LA | 11 | $2.1M | $194,091 | 6.04% | 10% | 0% |
| NY | 10 | $2.4M | $244,000 | 6.36% | 24% | 0% |
| ID | 9 | $2.5M | $276,111 | 6.36% | 4% | 0% |
| AR | 9 | $1.5M | $163,889 | 6.15% | 12% | 0% |
| IL | 8 | $1.3M | $160,000 | 6.2% | 22% | 0% |
| WV | 8 | $1.4M | $181,250 | 6.11% | 18% | 0% |
| WI | 8 | $1.6M | $206,250 | 6.39% | 22% | 0% |
| UT | 7 | $2.3M | $323,571 | 6.32% | 18% | 0% |
| MN | 7 | $1.6M | $230,714 | 6.64% | 9% | 0% |
| DE | 6 | $1.6M | $265,000 | 6.15% | 0% | 0% |
| WY | 5 | $1.5M | $303,000 | 6.22% | 25% | 0% |
| MT | 4 | $1.6M | $410,000 | 5.97% | 9% | 0% |
| IA | 4 | $690,000 | $172,500 | 6.19% | 0% | 0% |
| MD | 3 | $795,000 | $265,000 | 5.75% | 43% | 0% |
| ME | 3 | $565,000 | $188,333 | 5.83% | 0% | 0% |
| MS | 3 | $475,000 | $158,333 | 5.91% | 35% | 0% |
| NH | 2 | $750,000 | $375,000 | 6.31% | 33% | 0% |
| SD | 2 | $1.0M | $515,000 | 6.81% | 17% | 0% |
| VT | 2 | $320,000 | $160,000 | 6.06% | 0% | 0% |
| ND | 1 | $295,000 | $295,000 | 6.5% | 0% | 0% |
| NE | 1 | $125,000 | $125,000 | 6% | 0% | 0% |
| HI | 1 | $845,000 | $845,000 | 7.38% | 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.