Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Chemung Canal Trust Company
Chemung Canal Trust Company
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
7
-22.2% vs 2024Originations
$795,000
Loans x average loanAverage loan
$113,571
Average interest rate
6.55%
Denial rate
27%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 11 | 7 | $795,000 | $113,571 | 6.55% | 27% | 0% |
| 2024 | 19 | 9 | $615,000 | $68,333 | 6.44% | 47% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NY | 4 | $470,000 | $117,500 | 6.47% | 43% | 0% |
| PA | 3 | $325,000 | $108,333 | 6.67% | 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.