Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST NATIONAL BANK OF WATERLOO
FIRST NATIONAL BANK OF WATERLOO
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
8
+166.7% vs 2024Originations
$610,000
Loans x average loanAverage loan
$76,250
Average interest rate
7.51%
Denial rate
0%
Home only share
13%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 8 | 8 | $610,000 | $76,250 | 7.51% | 0% | 13% |
| 2024 | 3 | 3 | $75,000 | $25,000 | 7.79% | 0% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IL | 7 | $585,000 | $83,571 | 7.5% | 0% | 0% |
| MO | 1 | $25,000 | $25,000 | 7.63% | 0% | 100% |
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.