Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › MERCHANTS & MARINE BANK
MERCHANTS & MARINE BANK
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
8
+14.3% vs 2024Originations
$400,000
Loans x average loanAverage loan
$50,000
Average interest rate
7.84%
Denial rate
0%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 9 | 8 | $400,000 | $50,000 | 7.84% | 0% | 0% |
| 2024 | 9 | 7 | $275,000 | $39,286 | 8.96% | 0% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MS | 5 | $205,000 | $41,000 | 7.99% | 0% | 0% |
| AL | 3 | $195,000 | $65,000 | 7.58% | 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.