Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Dakota National Bak
First Dakota National Bak
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
5
+66.7% vs 2024Originations
$645,000
Loans x average loanAverage loan
$129,000
Average interest rate
6.64%
Denial rate
29%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 7 | 5 | $645,000 | $129,000 | 6.64% | 29% | 0% |
| 2024 | 5 | 3 | $505,000 | $168,333 | 7.08% | 20% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| SD | 5 | $645,000 | $129,000 | 6.64% | 29% | 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.