Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FARMERS STATE BANK
FARMERS STATE BANK
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
34
-8.1% vs 2024Originations
$5.5M
Loans x average loanAverage loan
$161,471
Average interest rate
6.98%
Denial rate
16%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 45 | 34 | $5.5M | $161,471 | 6.98% | 16% | 0% |
| 2024 | 47 | 37 | $4.5M | $120,405 | 7.65% | 15% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IN | 28 | $4.7M | $166,429 | 7.02% | 19% | 0% |
| MI | 6 | $830,000 | $138,333 | 6.81% | 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.