Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › BMO Harris Bank NA
BMO Harris Bank NA
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
117
+14.7% vs 2024Originations
$14.3M
Loans x average loanAverage loan
$122,094
Average interest rate
8.99%
Denial rate
51%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 363 | 117 | $14.3M | $122,094 | 8.99% | 51% | 0% |
| 2024 | 343 | 102 | $11.3M | $110,392 | 9.21% | 52% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AZ | 33 | $3.8M | $115,606 | 8.99% | 51% | 0% |
| WI | 18 | $2.3M | $129,444 | 8.47% | 43% | 0% |
| CA | 10 | $1.1M | $110,000 | 9.13% | 50% | 0% |
| CO | 9 | $1.4M | $153,889 | 8.98% | 48% | 0% |
| OR | 7 | $505,000 | $72,143 | 9.57% | 60% | 0% |
| IN | 7 | $525,000 | $75,000 | 8.83% | 39% | 0% |
| NM | 6 | $810,000 | $135,000 | 9.46% | 48% | 0% |
| KS | 5 | $315,000 | $63,000 | 10.35% | 33% | 0% |
| FL | 4 | $500,000 | $125,000 | 9.18% | 38% | 0% |
| WY | 3 | $345,000 | $115,000 | 8.87% | 33% | 0% |
| WA | 3 | $1.2M | $411,667 | 8.19% | 73% | 0% |
| IA | 3 | $275,000 | $91,667 | 9.14% | 29% | 0% |
| MO | 1 | $155,000 | $155,000 | 8.08% | 67% | 0% |
| IL | 1 | $105,000 | $105,000 | 8.08% | 89% | 0% |
| MN | 1 | $75,000 | $75,000 | 8.48% | 50% | 0% |
| AR | 1 | $65,000 | $65,000 | 10.65% | 50% | 0% |
| ND | 1 | $75,000 | $75,000 | 9.98% | 50% | 0% |
| OK | 1 | $75,000 | $75,000 | 9.18% | 25% | 0% |
| SD | 1 | $65,000 | $65,000 | 8.13% | 33% | 0% |
| TN | 1 | $465,000 | $465,000 | 7.5% | 0% | 0% |
| UT | 1 | $65,000 | $65,000 | 7.74% | 67% | 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.