Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Presidential Bank, FSB
Presidential Bank, FSB
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
91
+40.0% vs 2024Originations
$34.6M
Loans x average loanAverage loan
$380,495
Average interest rate
6.9%
Denial rate
8%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 120 | 91 | $34.6M | $380,495 | 6.9% | 8% | 0% |
| 2024 | 87 | 65 | $29.6M | $455,308 | 7.1% | 6% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| GA | 30 | $7.0M | $232,333 | 6.73% | 0% | 0% |
| VA | 23 | $4.0M | $174,565 | 7.23% | 9% | 0% |
| NC | 17 | $6.8M | $400,294 | 6.82% | 5% | 0% |
| AL | 5 | $6.1M | $1,215,000 | 7.15% | 0% | 0% |
| SC | 4 | $750,000 | $187,500 | 6.09% | 14% | 0% |
| FL | 3 | $2.1M | $715,000 | 7.13% | 25% | 0% |
| TN | 3 | $2.4M | $785,000 | 6.75% | 0% | 0% |
| ND | 2 | $550,000 | $275,000 | 7% | 0% | 0% |
| NY | 1 | $125,000 | $125,000 | 6.63% | 50% | 0% |
| MO | 1 | $2.2M | $2,205,000 | 7.5% | 0% | n/a |
| MD | 1 | $335,000 | $335,000 | 6.63% | 0% | 0% |
| WV | 1 | $2.3M | $2,295,000 | 7.25% | 50% | 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.