Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST AMERICAN BANK
FIRST AMERICAN BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
9
+80.0% vs 2024Originations
$1.7M
Loans x average loanAverage loan
$185,000
Average interest rate
6.74%
Denial rate
38%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 16 | 9 | $1.7M | $185,000 | 6.74% | 38% | 0% |
| 2024 | 15 | 5 | $915,000 | $183,000 | 6.93% | 33% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NM | 9 | $1.7M | $185,000 | 6.74% | 33% | 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.