Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Bank
First Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
9
+80.0% vs 2024Originations
$2.4M
Loans x average loanAverage loan
$265,000
Average interest rate
6.82%
Denial rate
7%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 15 | 9 | $2.4M | $265,000 | 6.82% | 7% | 0% |
| 2024 | 11 | 5 | $945,000 | $189,000 | 6.8% | 27% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MO | 4 | $1.0M | $252,500 | 6.91% | 11% | 0% |
| CA | 2 | $810,000 | $405,000 | 6.94% | 0% | 0% |
| IL | 1 | $75,000 | $75,000 | 6.25% | 0% | 0% |
| KS | 1 | $235,000 | $235,000 | 6.75% | 0% | 0% |
| NE | 1 | $255,000 | $255,000 | 6.88% | 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.