Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › GATEWAY FIRST BANK
GATEWAY FIRST BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
248
-17.6% vs 2024Originations
$39.7M
Loans x average loanAverage loan
$160,121
Average interest rate
6.77%
Denial rate
11%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 384 | 248 | $39.7M | $160,121 | 6.77% | 11% | 0% |
| 2024 | 453 | 301 | $48.0M | $159,385 | 6.9% | 8% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| TX | 48 | $7.4M | $153,750 | 6.52% | 3% | 0% |
| NM | 37 | $4.0M | $107,432 | 7.03% | 18% | 0% |
| WV | 28 | $3.9M | $138,571 | 7.08% | 6% | 0% |
| OK | 28 | $4.2M | $148,929 | 6.61% | 13% | 0% |
| SC | 18 | $3.2M | $177,778 | 6.84% | 17% | 0% |
| FL | 15 | $2.0M | $135,667 | 6.76% | 8% | 0% |
| TN | 14 | $2.4M | $170,000 | 6.75% | 12% | 0% |
| NC | 11 | $2.2M | $198,636 | 6.77% | 0% | 0% |
| SD | 10 | $1.7M | $168,000 | 6.9% | 14% | 0% |
| MO | 6 | $850,000 | $141,667 | 7.1% | 40% | 0% |
| AR | 6 | $1.3M | $220,000 | 6.6% | 0% | 0% |
| KS | 5 | $1.2M | $241,000 | 6.65% | 0% | 0% |
| OH | 4 | $870,000 | $217,500 | 6.84% | 0% | 0% |
| NV | 4 | $1.1M | $287,500 | 6.69% | 0% | 0% |
| CO | 3 | $895,000 | $298,333 | 6.5% | 0% | 0% |
| AZ | 2 | $430,000 | $215,000 | 5.94% | 0% | 0% |
| NJ | 2 | $250,000 | $125,000 | 5.88% | 33% | 0% |
| ID | 2 | $540,000 | $270,000 | 6.75% | 0% | 0% |
| KY | 1 | $505,000 | $505,000 | 6.75% | 0% | 0% |
| GA | 1 | $225,000 | $225,000 | 6% | 0% | 0% |
| MN | 1 | $185,000 | $185,000 | 6.38% | 0% | 0% |
| UT | 1 | $255,000 | $255,000 | 6.75% | 0% | 0% |
| LA | 1 | $145,000 | $145,000 | 6.75% | 0% | 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.