Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Mechanics Bank
Mechanics Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
7
+0.0% vs 2024Originations
$795,000
Loans x average loanAverage loan
$113,571
Average interest rate
6.38%
Denial rate
0%
Home only share
14%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 9 | 7 | $795,000 | $113,571 | 6.38% | 0% | 14% |
| 2024 | 8 | 7 | $885,000 | $126,429 | 7.07% | 13% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| OH | 7 | $795,000 | $113,571 | 6.38% | 0% | 14% |
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.