Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Northern State Bank
Northern State Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
15
+36.4% vs 2024Originations
$1.5M
Loans x average loanAverage loan
$101,667
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 | $1.5M | $101,667 | n/a | 17% | n/a |
| 2024 | 13 | 11 | $1.3M | $116,818 | n/a | 8% | n/a |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WI | 15 | $1.5M | $101,667 | n/a | 12% | 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.