Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › DEERWOOD BANK
DEERWOOD BANK
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
40
+66.7% vs 2024Originations
$4.6M
Loans x average loanAverage loan
$114,250
Average interest rate
7.4%
Denial rate
9%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 45 | 40 | $4.6M | $114,250 | 7.4% | 9% | 0% |
| 2024 | 32 | 24 | $2.2M | $92,917 | 8.15% | 9% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MN | 40 | $4.6M | $114,250 | 7.4% | 9% | 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.