Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › BURKE & HERBERT BK & TR CO
BURKE & HERBERT BK & TR CO
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
23
-32.4% vs 2024Originations
$2.3M
Loans x average loanAverage loan
$98,913
Average interest rate
7.29%
Denial rate
8%
Home only share
4%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 36 | 23 | $2.3M | $98,913 | 7.29% | 8% | 4% |
| 2024 | 45 | 34 | $3.8M | $110,588 | 8.09% | 7% | 6% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WV | 18 | $1.8M | $99,444 | 7.33% | 11% | 6% |
| VA | 5 | $485,000 | $97,000 | 7.13% | 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.