Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Metro Bank
First Metro Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
16
-23.8% vs 2024Originations
$1.0M
Loans x average loanAverage loan
$62,500
Average interest rate
n/a
Denial rate
15%
Home only share
n/a
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 20 | 16 | $1.0M | $62,500 | n/a | 15% | n/a |
| 2024 | 25 | 21 | $1.8M | $85,000 | n/a | 8% | n/a |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AL | 15 | $945,000 | $63,000 | n/a | 16% | n/a |
| MS | 1 | $55,000 | $55,000 | n/a | 0% | n/a |
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.