Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Plains Commerce Bank
Plains Commerce Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
202
+5.2% vs 2024Originations
$44.0M
Loans x average loanAverage loan
$217,871
Average interest rate
6.69%
Denial rate
17%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 432 | 202 | $44.0M | $217,871 | 6.69% | 17% | 0% |
| 2024 | 412 | 192 | $37.8M | $196,771 | 7.02% | 7% | 1% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| FL | 52 | $8.0M | $152,885 | 6.81% | 17% | 0% |
| SD | 25 | $6.3M | $253,800 | 6.76% | 12% | 4% |
| WA | 21 | $5.2M | $246,905 | 6.94% | 0% | 0% |
| UT | 14 | $3.4M | $242,143 | 6.84% | 25% | 0% |
| TX | 14 | $3.5M | $252,143 | 6.73% | 26% | 0% |
| AZ | 10 | $2.4M | $241,000 | 6.24% | 23% | 0% |
| WY | 8 | $2.4M | $293,750 | 6.66% | 6% | 0% |
| MN | 6 | $1.4M | $240,000 | 6.75% | 9% | 0% |
| GA | 5 | $775,000 | $155,000 | 6.85% | 23% | 0% |
| CA | 5 | $1.1M | $219,000 | 6.83% | 0% | 0% |
| NE | 5 | $525,000 | $105,000 | 5.45% | 44% | 0% |
| VA | 4 | $630,000 | $157,500 | 6.69% | 20% | 0% |
| NV | 4 | $1.1M | $285,000 | 6.56% | 0% | 0% |
| TN | 4 | $640,000 | $160,000 | 6.16% | 22% | 0% |
| MO | 3 | $345,000 | $115,000 | 7.71% | 38% | 0% |
| IN | 3 | $715,000 | $238,333 | 6.42% | 17% | 0% |
| NC | 3 | $555,000 | $185,000 | 6.46% | 0% | 0% |
| NM | 3 | $665,000 | $221,667 | 6.75% | 43% | 0% |
| OR | 2 | $940,000 | $470,000 | 6.25% | 0% | 0% |
| MT | 2 | $1.2M | $610,000 | 6.87% | 0% | 0% |
| OH | 1 | $225,000 | $225,000 | 6% | 0% | 0% |
| MI | 1 | $215,000 | $215,000 | 6.38% | 50% | 0% |
| CO | 1 | $395,000 | $395,000 | 6.99% | 0% | 0% |
| KY | 1 | $165,000 | $165,000 | 5.75% | 0% | 0% |
| KS | 1 | $275,000 | $275,000 | 6.88% | 0% | 0% |
| ID | 1 | $435,000 | $435,000 | 5.88% | 0% | 0% |
| IA | 1 | $145,000 | $145,000 | 6.63% | 0% | 0% |
| LA | 1 | $135,000 | $135,000 | 7.25% | 0% | 0% |
| AL | 1 | $175,000 | $175,000 | 6.38% | 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.