Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Interstate Bank
First Interstate Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
95
+46.2% vs 2024Originations
$11.7M
Loans x average loanAverage loan
$123,632
Average interest rate
7.97%
Denial rate
34%
Home only share
2%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 184 | 95 | $11.7M | $123,632 | 7.97% | 34% | 2% |
| 2024 | 185 | 65 | $8.0M | $122,538 | 8.73% | 39% | 3% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WY | 24 | $2.7M | $114,167 | 7.8% | 31% | 9% |
| MT | 22 | $3.5M | $160,909 | 7.6% | 26% | 0% |
| OR | 17 | $2.3M | $137,941 | 8.38% | 36% | 0% |
| ID | 10 | $1.3M | $132,000 | 7.86% | 29% | 0% |
| SD | 7 | $575,000 | $82,143 | 7.95% | 52% | 0% |
| IA | 6 | $420,000 | $70,000 | 7.96% | 14% | 0% |
| WA | 3 | $195,000 | $65,000 | 9.38% | 38% | 0% |
| NE | 2 | $90,000 | $45,000 | 8.9% | 75% | 0% |
| CO | 2 | $330,000 | $165,000 | 7.94% | 0% | 0% |
| AZ | 2 | $190,000 | $95,000 | 7.96% | 25% | 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.