NAICS Code 522291-05 - Mobile Homes-Financing

Marketing Level - NAICS 8-Digit

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  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
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Looking for more companies? See NAICS 522291 - Consumer Lending - 24,023 companies, 88,717 emails.

NAICS Code 522291-05 Description (8-Digit)

Mobile Homes-Financing is a subdivision of the Consumer Lending industry that specializes in providing financing options for mobile homes. This industry involves the lending of money to individuals or businesses for the purchase of mobile homes, which are typically prefabricated structures that can be transported to different locations. Mobile Homes-Financing companies offer a range of loan options to their customers, including fixed-rate and adjustable-rate mortgages, as well as financing for both new and used mobile homes.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 522291 page

Tools

Tools commonly used in the Mobile Homes-Financing industry for day-to-day tasks and operations.

  • Loan origination software
  • Credit scoring software
  • Loan servicing software
  • Mortgage calculators
  • Mobile home value estimators
  • Payment processing systems
  • Customer relationship management (CRM) software
  • Document management software
  • Electronic signature software
  • Compliance management software

Industry Examples of Mobile Homes-Financing

Common products and services typical of NAICS Code 522291-05, illustrating the main business activities and contributions to the market.

  • Manufactured home financing
  • Mobile home loans
  • Modular home financing
  • Prefabricated home financing
  • Trailer home financing
  • Tiny home financing
  • Park model home financing
  • RV financing
  • Camper financing
  • Motorhome financing

History

A concise historical narrative of NAICS Code 522291-05 covering global milestones and recent developments within the United States.

  • The mobile homes-financing industry has a long history dating back to the 1920s when the first mobile homes were built. However, it wasn't until the 1950s that the industry began to grow rapidly, thanks to the post-World War II housing shortage. In the 1960s, the industry saw a significant shift towards larger, more luxurious mobile homes, which were marketed as an affordable alternative to traditional homes. In the 1980s, the industry faced a downturn due to high-interest rates and a recession, but it bounced back in the 1990s with the introduction of new financing options and improved quality standards. In recent history, the mobile homes-financing industry in the United States has seen steady growth, driven by factors such as rising housing costs, a growing demand for affordable housing, and an aging population. In 2019, the industry generated over $3 billion in revenue, with an estimated 6,000 businesses operating in the market. The industry has also seen technological advancements, such as the use of virtual reality to showcase mobile homes to potential buyers.