Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Dakota Heritage Bank
Dakota Heritage Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
15
+50.0% vs 2024Originations
$1.5M
Loans x average loanAverage loan
$97,000
Average interest rate
n/a
Denial rate
0%
Home only share
n/a
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 16 | 15 | $1.5M | $97,000 | n/a | 0% | n/a |
| 2024 | 10 | 10 | $1.0M | $102,000 | n/a | 0% | n/a |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MN | 10 | $920,000 | $92,000 | n/a | 0% | n/a |
| ND | 5 | $535,000 | $107,000 | 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.