Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Forward Bank
Forward Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
6
-40.0% vs 2024Originations
$1.1M
Loans x average loanAverage loan
$181,667
Average interest rate
7.18%
Denial rate
13%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 8 | 6 | $1.1M | $181,667 | 7.18% | 13% | 0% |
| 2024 | 15 | 10 | $980,000 | $98,000 | 7.67% | 7% | 10% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WI | 6 | $1.1M | $181,667 | 7.18% | 13% | 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.