Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › THE FRIENDSHIP STATE BANK
THE FRIENDSHIP STATE BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
17
+21.4% vs 2024Originations
$1.2M
Loans x average loanAverage loan
$73,235
Average interest rate
8.92%
Denial rate
14%
Home only share
6%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 22 | 17 | $1.2M | $73,235 | 8.92% | 14% | 6% |
| 2024 | 23 | 14 | $1.3M | $89,286 | 9.48% | 30% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IN | 17 | $1.2M | $73,235 | 8.92% | 14% | 6% |
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.