Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST PREMIER BANK
FIRST PREMIER BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
5
+0.0% vs 2024Originations
$775,000
Loans x average loanAverage loan
$155,000
Average interest rate
7.38%
Denial rate
59%
Home only share
20%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 17 | 5 | $775,000 | $155,000 | 7.38% | 59% | 20% |
| 2024 | 18 | 5 | $1.6M | $329,000 | 6.48% | 72% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| SD | 4 | $600,000 | $150,000 | 7.53% | 50% | 25% |
| IA | 1 | $175,000 | $175,000 | 6.75% | 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.