Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Washington Trust Bank
Washington Trust Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
53
+47.2% vs 2024Originations
$7.9M
Loans x average loanAverage loan
$149,906
Average interest rate
7.55%
Denial rate
36%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 106 | 53 | $7.9M | $149,906 | 7.55% | 36% | 0% |
| 2024 | 100 | 36 | $5.0M | $140,000 | 8.61% | 48% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WA | 40 | $5.0M | $125,250 | 7.75% | 34% | 0% |
| ID | 8 | $1.4M | $170,000 | 6.94% | 48% | 0% |
| OR | 3 | $965,000 | $321,667 | 6.38% | 25% | 0% |
| CO | 1 | $425,000 | $425,000 | 6.5% | 0% | 0% |
| FL | 1 | $185,000 | $185,000 | 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.