Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › THE FIRST BANK & TRUST COMPANY
THE FIRST BANK & TRUST COMPANY
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
58
+41.5% vs 2024Originations
$11.9M
Loans x average loanAverage loan
$205,172
Average interest rate
7.61%
Denial rate
10%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 81 | 58 | $11.9M | $205,172 | 7.61% | 10% | 0% |
| 2024 | 53 | 41 | $7.6M | $186,220 | 8.58% | 9% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| VA | 43 | $6.1M | $141,977 | 7.65% | 10% | 0% |
| TN | 8 | $4.0M | $502,500 | 7.42% | 14% | 0% |
| NC | 7 | $1.8M | $253,571 | 7.63% | 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.