Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › SULLIVAN BANK
SULLIVAN BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
23
+43.8% vs 2024Originations
$6.8M
Loans x average loanAverage loan
$294,565
Average interest rate
7.9%
Denial rate
4%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 27 | 23 | $6.8M | $294,565 | 7.9% | 4% | 0% |
| 2024 | 21 | 16 | $5.6M | $347,500 | 9.07% | 5% | 6% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MO | 22 | $6.7M | $306,364 | 7.93% | 4% | 0% |
| TX | 1 | $35,000 | $35,000 | 7.25% | 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.