Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › 1ST SUMMIT BANK
1ST SUMMIT BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
17
+6.3% vs 2024Originations
$1.6M
Loans x average loanAverage loan
$94,412
Average interest rate
6.42%
Denial rate
23%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 22 | 17 | $1.6M | $94,412 | 6.42% | 23% | 0% |
| 2024 | 28 | 16 | $1.9M | $117,500 | 7.05% | 21% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| PA | 16 | $1.5M | $93,750 | 6.4% | 24% | 0% |
| MD | 1 | $105,000 | $105,000 | 6.74% | 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.