Company: CVCO
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047849
Chunk: 51

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 51
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Finished goods146,539 143,789 $258,423 $252,695 

7. Consumer Loans Receivable

The following table summarizes consumer loans receivable (in thousands):September 27,2025March 29,2025Loans held for investment, previously securitized$12,168 $13,775 Loans held for investment12,048 12,196 Loans held for sale25,086 27,981 Construction advances5,126 4,210 54,428 58,162 Deferred financing fees and other, net(675)(686)Allowance for loan losses(870)(939)52,883 56,537 Less current portion(33,493)(35,852)$19,390 $20,685 The consumer loans held for investment had the following characteristics:September 27,2025March 29,2025Weighted average contractual interest rate7.8 %7.9 %Weighted average effective interest rate8.3 %10.3 %Weighted average months to maturity222221The following table is a consolidated summary of the delinquency status of the outstanding principal balance of consumer loans receivable (in thousands):September 27,2025March 29,2025Current$52,812 $56,401 31 to 60 days167 1,082 61 to 90 days190 4 91+ days1,259 675 $54,428 $58,162 

7

The following table disaggregates the outstanding principal balance of consumer loans receivable by credit quality indicator and fiscal year of origination (in thousands):September 27, 202520262025202420232022PriorTotalPrime- FICO score 680 and greater$12,512 $7,954 $4,676 $320 $90 $13,125 $38,677 Near Prime- FICO score 620-6792,372 1,918 622 — — 9,230 14,142 Sub-Prime- FICO score less than 620— 320 — — — 598 918 No FICO score172 65 202 — — 252 691 $15,056 $10,257 $5,500 $320 $90 $23,205 $54,428