Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › PROVIDENCE BANK & TRUST
PROVIDENCE BANK & TRUST
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
16
+77.8% vs 2024Originations
$18.5M
Loans x average loanAverage loan
$1,158,750
Average interest rate
7.02%
Denial rate
5%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 19 | 16 | $18.5M | $1,158,750 | 7.02% | 5% | 0% |
| 2024 | 10 | 9 | $18.9M | $2,102,778 | 7.31% | 0% | n/a |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IN | 5 | $3.9M | $785,000 | 7.17% | 0% | 0% |
| OH | 5 | $4.5M | $909,000 | 6.94% | 0% | n/a |
| IL | 3 | $3.9M | $1,295,000 | 6.73% | 25% | n/a |
| MI | 2 | $1.9M | $955,000 | 7.5% | 0% | n/a |
| NC | 1 | $4.3M | $4,275,000 | 6.5% | 0% | 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.