Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Armstrong Bank
Armstrong Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
55
-3.5% vs 2024Originations
$4.9M
Loans x average loanAverage loan
$89,909
Average interest rate
7.78%
Denial rate
8%
Home only share
7%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 76 | 55 | $4.9M | $89,909 | 7.78% | 8% | 7% |
| 2024 | 73 | 57 | $4.6M | $80,614 | 8.59% | 4% | 11% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| OK | 52 | $4.6M | $87,885 | 7.78% | 8% | 8% |
| AR | 2 | $300,000 | $150,000 | 7.63% | 0% | 0% |
| TX | 1 | $75,000 | $75,000 | 7.65% | 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.