Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › New Peoples Bank, Inc
New Peoples Bank, Inc
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
13
-13.3% vs 2024Originations
$1.9M
Loans x average loanAverage loan
$146,538
Average interest rate
7.73%
Denial rate
5%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 19 | 13 | $1.9M | $146,538 | 7.73% | 5% | 0% |
| 2024 | 29 | 15 | $1.5M | $99,000 | 8.07% | 14% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| VA | 9 | $1.1M | $125,000 | 8% | 8% | 0% |
| WV | 4 | $780,000 | $195,000 | 7.11% | 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.