Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Bell Bank
Bell Bank
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
74
+5.7% vs 2024Originations
$23.9M
Loans x average loanAverage loan
$322,297
Average interest rate
6.7%
Denial rate
13%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 100 | 74 | $23.9M | $322,297 | 6.7% | 13% | 0% |
| 2024 | 103 | 70 | $14.7M | $210,286 | 6.85% | 13% | 1% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MN | 27 | $5.7M | $210,556 | 6.81% | 16% | 0% |
| NM | 12 | $1.4M | $115,000 | 6.72% | 20% | 0% |
| AZ | 11 | $10.0M | $906,818 | 6.69% | 17% | 0% |
| FL | 9 | $2.1M | $229,444 | 6.8% | 0% | 0% |
| MO | 3 | $635,000 | $211,667 | 6.42% | 0% | 0% |
| KS | 3 | $945,000 | $315,000 | 6.46% | 0% | 0% |
| ND | 2 | $420,000 | $210,000 | 6.38% | 0% | 0% |
| SD | 2 | $300,000 | $150,000 | 6.44% | 0% | 0% |
| WI | 2 | $220,000 | $110,000 | 6.69% | 0% | 0% |
| LA | 1 | $1.5M | $1,505,000 | 6.25% | 0% | n/a |
| CO | 1 | $425,000 | $425,000 | 6.25% | 0% | 0% |
| TN | 1 | $295,000 | $295,000 | 6.63% | 50% | 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.