Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › MIDWESTONE BANK
MIDWESTONE BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
8
-38.5% vs 2024Originations
$1.6M
Loans x average loanAverage loan
$196,250
Average interest rate
7.8%
Denial rate
33%
Home only share
20%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 12 | 8 | $1.6M | $196,250 | 7.8% | 33% | 20% |
| 2024 | 17 | 13 | $1.8M | $136,538 | 7.34% | 18% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IA | 7 | $1.3M | $183,571 | 7.82% | 22% | 25% |
| MN | 1 | $285,000 | $285,000 | 7.63% | 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.