Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › BANKPLUS
BANKPLUS
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
83
+40.7% vs 2024Originations
$7.6M
Loans x average loanAverage loan
$91,145
Average interest rate
7.73%
Denial rate
20%
Home only share
38%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 123 | 83 | $7.6M | $91,145 | 7.73% | 20% | 38% |
| 2024 | 100 | 59 | $8.9M | $151,102 | 8.12% | 21% | 33% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MS | 70 | $6.2M | $88,286 | 7.87% | 19% | 43% |
| LA | 6 | $860,000 | $143,333 | 7.38% | 31% | 20% |
| AL | 4 | $220,000 | $55,000 | 6.75% | 20% | 0% |
| TN | 2 | $240,000 | $120,000 | 7.75% | 0% | 0% |
| GA | 1 | $65,000 | $65,000 | 6.5% | 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.