
	September 28, 2024		March 30, 2024
Loans held for investment, previously securitized	$	15,162	$	16,968
Loans held for investment	12,230		12,826
Loans held for sale	23,708		15,140
Construction advances	2,409		722
	53,509		45,656
Deferred financing fees and other, net	(834)		(523)
Allowance for loan losses	(1,006)		(1,066)
	51,669		44,067
Less current portion	(30,899)		(20,713)
	$	20,770	$	23,354


	September 28, 2024		March 30, 2024
Weighted average contractual interest rate	8.1	%	8.1	%
Weighted average effective interest rate	7.8	%	10.4	%
Weighted average months to maturity	211		196

The following table is a consolidated summary of the delinquency status of the outstanding principal balance of consumer loans receivable (in thousands):


	September 28, 2024		March 30, 2024
Current	$	52,074	$	43,810
31 to 60 days	261		1,063
61 to 90 days	119		131
91+ days	1,055		652
	$	53,509	$	45,656

The following table disaggregates the outstanding principal balance of consumer loans receivable by credit quality indicator and fiscal year of origination (in thousands):


	September 28, 2024
	2025		2024		2023		2022		2021		Prior		Total
Prime- FICO score 680 and greater	$	12,692	$	9,455	$	325	$	94	$	874	$	14,477	$	37,917
Near Prime- FICO score 620-679	2,056		1,557		—		—		1,038		9,235		13,886
Sub-Prime- FICO score less than 620	26		—		—		—		17		718		761
No FICO score	211		444		—		—		—		290		945
	$	14,985	$	11,456	$	325	$	94	$	1,929	$	24,720	$	53,509


	March 30, 2024
	2024		2023		2022		2021		2020		Prior		Total
Prime- FICO score 680 and greater	$	14,107	$	328	$	96	$	885	$	1,808	$	14,425	$	31,649
Near Prime- FICO score 620-679	1,633		—		—		1,202		942		8,684		12,461
Sub-Prime- FICO score less than 620	—		—		—		18		49		723		790
No FICO score	447		—		—		—		—		309		756
	$	16,187	$	328	$	96	$	2,105	$	2,799	$	24,141	$	45,656

As of September 28, 2024, 53% of the outstanding principal balance of the consumer loans receivable portfolio was concentrated in Texas. As of March 30, 2024, 46% of the outstanding principal balance of the consumer loans receivable portfolio was concentrated in Texas and 10% was concentrated in Florida. Other than Texas and Florida, no state had concentrations in excess of 10% of the outstanding principal balance of the consumer loans receivable as of September 28, 2024 or March 30, 2024.

The commercial loans receivable balance consists of direct financing arrangements for the home product needs of our independent distributors, community owners and developers.


	September 28, 2024		March 30, 2024
Loans receivable	$	91,588	$	91,938
Allowance for loan losses	(484)		(781)
Deferred financing fees, net	(198)		(116)
	90,906		91,041
Less current portion of commercial loans receivable (including from affiliates), net	(39,781)		(43,316)
	$	51,125	$	47,725


	September 28, 2024		March 30, 2024
Weighted average contractual interest rate	7.3	%	7.4	%
Weighted average months outstanding	10		12

Nonperforming status includes loans accounted for on a non-accrual basis and accruing loans with principal payments 90 days or more past due. As of September 28, 2024 and March 30, 2024, there were no commercial loans considered nonperforming. The following table disaggregates the outstanding principal balance of our commercial loans receivable by fiscal year of origination (in thousands):


	September 28, 2024
	2025		2024		2023		2022		2021		Total
Performing	$	40,830	$	34,916	$	11,789	$	1,886	$	2,167	$	91,588


	March 30, 2024
	2024		2023		2022		2021		2020		Total
Performing	$	57,691	$	25,066	$	4,823	$	2,144	$	2,214	$	91,938

As of September 28, 2024 and March 30, 2024, there were no commercial loans 90 days or more past due that were still accruing interest, and we were not aware of any potential problem loans that would have a material effect on the commercial loans receivable balance.

As of September 28, 2024, we had concentrations of our outstanding principal balance of the commercial loans receivable balance in New York of 18% and California of 16%. As of March 30, 2024, 18% of our outstanding principal balance of the commercial loans receivable balance was in New York. No other state had concentrations in excess of 10% of the outstanding principal balance of the commercial loans receivable as of September 28, 2024 or March 30, 2024.