Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Nicolet National Bank
Nicolet National Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
69
-4.2% vs 2024Originations
$8.7M
Loans x average loanAverage loan
$126,159
Average interest rate
7.89%
Denial rate
7%
Home only share
6%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 89 | 69 | $8.7M | $126,159 | 7.89% | 7% | 6% |
| 2024 | 95 | 72 | $7.9M | $110,278 | 8.41% | 15% | 7% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WI | 47 | $5.8M | $123,511 | 7.93% | 5% | 9% |
| MI | 22 | $2.9M | $131,818 | 7.81% | 9% | 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.