Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › CHESAPEAKE BANK
CHESAPEAKE BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
6
+20.0% vs 2024Originations
$890,000
Loans x average loanAverage loan
$148,333
Average interest rate
7.1%
Denial rate
46%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 13 | 6 | $890,000 | $148,333 | 7.1% | 46% | 0% |
| 2024 | 7 | 5 | $1.0M | $201,000 | 6.92% | 29% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| VA | 6 | $890,000 | $148,333 | 7.1% | 46% | 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.