Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › The Farmers & Merchants Bank
The Farmers & Merchants Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
36
+89.5% vs 2024Originations
$3.2M
Loans x average loanAverage loan
$87,778
Average interest rate
8.47%
Denial rate
29%
Home only share
11%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 63 | 36 | $3.2M | $87,778 | 8.47% | 29% | 11% |
| 2024 | 34 | 19 | $1.0M | $52,895 | 9.59% | 35% | 37% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AR | 36 | $3.2M | $87,778 | 8.47% | 29% | 11% |
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.