Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › First Mid Bank and Trust, NA
First Mid Bank and Trust, NA
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
22
+0.0% vs 2024Originations
$11.2M
Loans x average loanAverage loan
$507,273
Average interest rate
7.24%
Denial rate
34%
Home only share
6%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 38 | 22 | $11.2M | $507,273 | 7.24% | 34% | 6% |
| 2024 | 38 | 22 | $10.5M | $475,909 | 8.08% | 26% | 29% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IL | 19 | $5.9M | $308,684 | 7.3% | 31% | 6% |
| FL | 1 | $1.1M | $1,055,000 | 6.5% | 0% | n/a |
| IN | 1 | $1.9M | $1,925,000 | 7% | 50% | n/a |
| TX | 1 | $2.3M | $2,315,000 | 7% | 50% | 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.