Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Norway Savings Bank
Norway Savings Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
34
+3.0% vs 2024Originations
$8.1M
Loans x average loanAverage loan
$238,235
Average interest rate
8.18%
Denial rate
27%
Home only share
30%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 79 | 34 | $8.1M | $238,235 | 8.18% | 27% | 30% |
| 2024 | 97 | 33 | $4.9M | $149,848 | 8.55% | 38% | 33% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| ME | 32 | $8.0M | $249,063 | 8.12% | 28% | 29% |
| NH | 2 | $130,000 | $65,000 | 9.13% | 0% | 50% |
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.