Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › The Andover Bank
The Andover Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
15
+50.0% vs 2024Originations
$1.4M
Loans x average loanAverage loan
$93,667
Average interest rate
n/a
Denial rate
17%
Home only share
n/a
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 18 | 15 | $1.4M | $93,667 | n/a | 17% | n/a |
| 2024 | 16 | 10 | $550,000 | $55,000 | n/a | 31% | n/a |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| OH | 11 | $1.0M | $94,091 | n/a | 21% | n/a |
| PA | 4 | $370,000 | $92,500 | n/a | 0% | n/a |
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.