Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Granite Bank
Granite Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
43
+95.5% vs 2024Originations
$9.9M
Loans x average loanAverage loan
$229,651
Average interest rate
6.57%
Denial rate
15%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 61 | 43 | $9.9M | $229,651 | 6.57% | 15% | 0% |
| 2024 | 31 | 22 | $4.7M | $214,545 | 6.73% | 10% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MN | 21 | $4.2M | $198,333 | 6.62% | 4% | 0% |
| SD | 5 | $1.1M | $219,000 | 6.94% | 22% | 0% |
| FL | 3 | $915,000 | $305,000 | 7.46% | 0% | 0% |
| ID | 3 | $1.2M | $408,333 | 6.37% | 0% | 0% |
| WA | 3 | $695,000 | $231,667 | 4.87% | 0% | 0% |
| ND | 3 | $655,000 | $218,333 | 6.55% | 0% | 0% |
| WY | 2 | $450,000 | $225,000 | 6.69% | 0% | 0% |
| KY | 1 | $135,000 | $135,000 | 6.75% | 0% | 0% |
| WI | 1 | $195,000 | $195,000 | 6.5% | 0% | 0% |
| CO | 1 | $345,000 | $345,000 | 6.75% | 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.