Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Old National Bank
Old National Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
44
+91.3% vs 2024Originations
$9.5M
Loans x average loanAverage loan
$216,591
Average interest rate
6.7%
Denial rate
36%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 86 | 44 | $9.5M | $216,591 | 6.7% | 36% | 0% |
| 2024 | 68 | 23 | $7.0M | $303,261 | 6.64% | 51% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IN | 16 | $2.7M | $166,250 | 6.63% | 36% | 0% |
| MN | 6 | $1.3M | $215,000 | 6.88% | 18% | 0% |
| TN | 6 | $760,000 | $126,667 | 6.44% | 50% | 0% |
| MI | 5 | $1.7M | $339,000 | 6.65% | 42% | 0% |
| ND | 3 | $585,000 | $195,000 | 7.48% | 0% | 0% |
| IL | 3 | $1.0M | $345,000 | 6.48% | 50% | 0% |
| WI | 1 | $65,000 | $65,000 | 6.75% | 67% | 0% |
| DE | 1 | $365,000 | $365,000 | 7.88% | 0% | 0% |
| IA | 1 | $625,000 | $625,000 | 6.25% | 0% | n/a |
| KY | 1 | $175,000 | $175,000 | 6.75% | 50% | 0% |
| CA | 1 | $275,000 | $275,000 | 6% | 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.