Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › STEPHENSON NATIONAL BANK & TRUST
STEPHENSON NATIONAL BANK & TRUST
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
20
+11.1% vs 2024Originations
$2.4M
Loans x average loanAverage loan
$119,500
Average interest rate
n/a
Denial rate
12%
Home only share
n/a
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 26 | 20 | $2.4M | $119,500 | n/a | 12% | n/a |
| 2024 | 23 | 18 | $2.5M | $137,222 | n/a | 13% | n/a |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WI | 17 | $2.0M | $118,529 | n/a | 14% | n/a |
| MI | 3 | $375,000 | $125,000 | n/a | 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.