Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Independent Bank
Independent Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
54
+1.9% vs 2024Originations
$6.0M
Loans x average loanAverage loan
$111,852
Average interest rate
7.11%
Denial rate
25%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 106 | 54 | $6.0M | $111,852 | 7.11% | 25% | 0% |
| 2024 | 112 | 53 | $6.5M | $123,491 | 7.39% | 25% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MI | 54 | $6.0M | $111,852 | 7.11% | 25% | 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.