Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › WEST GATE BANK
WEST GATE BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
20
+42.9% vs 2024Originations
$3.3M
Loans x average loanAverage loan
$166,000
Average interest rate
6.68%
Denial rate
4%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 23 | 20 | $3.3M | $166,000 | 6.68% | 4% | 0% |
| 2024 | 21 | 14 | $2.3M | $161,429 | 6.72% | 14% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NE | 12 | $1.8M | $149,167 | 6.75% | 8% | 0% |
| IA | 4 | $640,000 | $160,000 | 6.47% | 0% | 0% |
| CO | 3 | $735,000 | $245,000 | 6.75% | 0% | 0% |
| SD | 1 | $155,000 | $155,000 | 6.38% | 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.