Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FARMERS & MERCHANTS BANK
FARMERS & MERCHANTS BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
12
-25.0% vs 2024Originations
$2.7M
Loans x average loanAverage loan
$222,500
Average interest rate
7.25%
Denial rate
0%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 24 | 12 | $2.7M | $222,500 | 7.25% | 0% | 0% |
| 2024 | 30 | 16 | $3.1M | $191,250 | 7.63% | 7% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| VA | 11 | $2.5M | $227,727 | 7.24% | 0% | 0% |
| NC | 1 | $165,000 | $165,000 | 7.38% | 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.