Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Shore United Bank, N.A.
Shore United Bank, N.A.
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
12
-33.3% vs 2024Originations
$5.8M
Loans x average loanAverage loan
$486,667
Average interest rate
6.9%
Denial rate
29%
Home only share
11%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 24 | 12 | $5.8M | $486,667 | 6.9% | 29% | 11% |
| 2024 | 26 | 18 | $4.2M | $235,000 | 7.11% | 15% | 20% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| DE | 6 | $620,000 | $103,333 | 6.95% | 30% | 20% |
| MD | 5 | $715,000 | $143,000 | 6.93% | 25% | 0% |
| SC | 1 | $4.5M | $4,505,000 | 6.5% | 0% | 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.