Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › NATIONAL BANK OF COMMERCE
NATIONAL BANK OF COMMERCE
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
15
+25.0% vs 2024Originations
$1.8M
Loans x average loanAverage loan
$120,333
Average interest rate
7.16%
Denial rate
15%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 26 | 15 | $1.8M | $120,333 | 7.16% | 15% | 0% |
| 2024 | 16 | 12 | $1.7M | $142,500 | 7.29% | 13% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MN | 9 | $1.4M | $150,556 | 6.87% | 12% | 0% |
| WI | 6 | $450,000 | $75,000 | 7.59% | 22% | 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.