Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › BAY EQUITY LLC
BAY EQUITY LLC
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
54
-64.5% vs 2024Originations
$16.0M
Loans x average loanAverage loan
$296,296
Average interest rate
6.51%
Denial rate
6%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 94 | 54 | $16.0M | $296,296 | 6.51% | 6% | 0% |
| 2024 | 244 | 152 | $46.6M | $306,645 | 6.61% | 11% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WA | 16 | $6.6M | $412,500 | 6.74% | 3% | 0% |
| KY | 10 | $1.1M | $108,000 | 5.11% | 13% | 0% |
| OR | 6 | $2.1M | $355,000 | 6.94% | 0% | 0% |
| CO | 4 | $2.1M | $535,000 | 6.97% | 14% | 0% |
| FL | 4 | $850,000 | $212,500 | 6.75% | 0% | 0% |
| SC | 3 | $395,000 | $131,667 | 7.79% | 0% | 0% |
| TX | 2 | $460,000 | $230,000 | 6.74% | 0% | 0% |
| NC | 2 | $420,000 | $210,000 | 6.31% | 0% | 0% |
| WY | 1 | $235,000 | $235,000 | 6.49% | 0% | 0% |
| IN | 1 | $265,000 | $265,000 | 6.99% | 0% | 0% |
| KS | 1 | $275,000 | $275,000 | 6.75% | 0% | 0% |
| MD | 1 | $245,000 | $245,000 | 6.63% | 0% | 0% |
| OH | 1 | $225,000 | $225,000 | 6.49% | 50% | 0% |
| PA | 1 | $275,000 | $275,000 | 6.63% | 0% | 0% |
| VA | 1 | $405,000 | $405,000 | 6.75% | 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.