Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › MAGNOLIA BANK
MAGNOLIA BANK
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
197
+42.8% vs 2024Originations
$41.8M
Loans x average loanAverage loan
$212,310
Average interest rate
6.55%
Denial rate
14%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 292 | 197 | $41.8M | $212,310 | 6.55% | 14% | 0% |
| 2024 | 194 | 138 | $27.4M | $198,261 | 6.51% | 11% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| GA | 76 | $16.9M | $222,895 | 6.47% | 13% | 0% |
| KY | 27 | $4.3M | $158,704 | 6.7% | 13% | 0% |
| SC | 22 | $4.2M | $189,545 | 6.63% | 15% | 0% |
| FL | 10 | $2.0M | $205,000 | 6.49% | 12% | 0% |
| AL | 10 | $1.8M | $184,000 | 6.81% | 29% | 0% |
| MS | 8 | $1.0M | $125,000 | 6.47% | 8% | 0% |
| NC | 8 | $1.6M | $206,250 | 6.84% | 0% | 0% |
| NY | 8 | $1.3M | $161,250 | 6.8% | 14% | 0% |
| CO | 4 | $1.6M | $390,000 | 5.87% | 17% | 0% |
| IN | 4 | $760,000 | $190,000 | 6.56% | 20% | 0% |
| MT | 3 | $1.5M | $498,333 | 6.33% | 0% | 0% |
| AZ | 2 | $600,000 | $300,000 | 6.87% | 0% | 0% |
| WA | 2 | $720,000 | $360,000 | 6.56% | 0% | 0% |
| VA | 2 | $620,000 | $310,000 | 6.38% | 0% | 0% |
| OH | 1 | $225,000 | $225,000 | 5.75% | 0% | 0% |
| OR | 1 | $475,000 | $475,000 | 6.25% | 50% | 0% |
| PA | 1 | $175,000 | $175,000 | 6.63% | 0% | 0% |
| TX | 1 | $195,000 | $195,000 | 5.99% | 0% | 0% |
| DE | 1 | $225,000 | $225,000 | 6.5% | 0% | 0% |
| ID | 1 | $245,000 | $245,000 | 5.99% | 50% | 0% |
| LA | 1 | $225,000 | $225,000 | 6.13% | 0% | 0% |
| MI | 1 | $195,000 | $195,000 | 6.75% | 0% | 0% |
| CA | 1 | $335,000 | $335,000 | 6.13% | 33% | 0% |
| ND | 1 | $385,000 | $385,000 | 5.75% | 0% | 0% |
| WI | 1 | $165,000 | $165,000 | 6.88% | 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.