Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Evolve Bank & Trust
Evolve Bank & Trust
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
4
-75.0% vs 2024Originations
$620,000
Loans x average loanAverage loan
$155,000
Average interest rate
6.54%
Denial rate
17%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 6 | 4 | $620,000 | $155,000 | 6.54% | 17% | 0% |
| 2024 | 26 | 16 | $3.9M | $243,750 | 6.46% | 4% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| TN | 3 | $355,000 | $118,333 | 6.56% | 0% | 0% |
| DE | 1 | $265,000 | $265,000 | 6.5% | 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.