Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Farmers State Bank
Farmers State Bank
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
3
+50.0% vs 2024Originations
$355,000
Loans x average loanAverage loan
$118,333
Average interest rate
7.54%
Denial rate
0%
Home only share
33%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 4 | 3 | $355,000 | $118,333 | 7.54% | 0% | 33% |
| 2024 | 3 | 2 | $190,000 | $95,000 | 7% | 0% | 100% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IA | 3 | $355,000 | $118,333 | 7.54% | 0% | 33% |
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.