Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Mechanics Bank
Mechanics Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
13
+116.7% vs 2024Originations
$6.3M
Loans x average loanAverage loan
$484,231
Average interest rate
7.3%
Denial rate
28%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 32 | 13 | $6.3M | $484,231 | 7.3% | 28% | 0% |
| 2024 | 11 | 6 | $9.5M | $1,581,667 | 7.28% | 27% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| CA | 11 | $6.0M | $542,273 | 7.32% | 25% | 0% |
| WA | 2 | $330,000 | $165,000 | 7.2% | 38% | 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.