Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST WESTERN BANK & TRUST
FIRST WESTERN BANK & TRUST
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
25
-7.4% vs 2024Originations
$3.7M
Loans x average loanAverage loan
$147,000
Average interest rate
6.63%
Denial rate
2%
Home only share
8%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 43 | 25 | $3.7M | $147,000 | 6.63% | 2% | 8% |
| 2024 | 47 | 27 | $4.2M | $154,259 | 7.32% | 19% | 22% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MN | 17 | $2.3M | $135,000 | 6.76% | 0% | 6% |
| ND | 8 | $1.4M | $172,500 | 6.37% | 8% | 13% |
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.