Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › PNC BANK N.A.
PNC BANK N.A.
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
527
-5.7% vs 2024Originations
$204.5M
Loans x average loanAverage loan
$387,979
Average interest rate
6.63%
Denial rate
42%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 1,329 | 527 | $204.5M | $387,979 | 6.63% | 42% | 0% |
| 2024 | 1,277 | 559 | $102.7M | $183,658 | 9.29% | 38% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 83 | $9.6M | $115,120 | 7.23% | 36% | 0% |
| PA | 67 | $6.1M | $90,522 | 4.02% | 39% | 0% |
| IN | 53 | $4.6M | $86,887 | 7.36% | 40% | 0% |
| FL | 50 | $5.5M | $111,000 | 5.9% | 41% | 0% |
| OH | 45 | $5.5M | $122,556 | 7.2% | 37% | 0% |
| MI | 40 | $47.7M | $1,192,750 | 7.01% | 41% | 0% |
| TX | 21 | $3.1M | $148,333 | 6.63% | 52% | 0% |
| KY | 20 | $2.2M | $109,000 | 7.12% | 43% | 0% |
| DE | 19 | $2.7M | $141,316 | 7.48% | 48% | 0% |
| AZ | 17 | $93.2M | $5,481,471 | 7.52% | 33% | 6% |
| VA | 13 | $1.3M | $103,462 | 6.24% | 39% | 0% |
| AL | 11 | $1.1M | $100,455 | 7.44% | 68% | 0% |
| SC | 11 | $1.4M | $127,727 | 6.32% | 29% | 0% |
| CA | 10 | $1.8M | $183,000 | 6.89% | 55% | 0% |
| WA | 8 | $850,000 | $106,250 | 6.73% | 33% | 0% |
| TN | 8 | $830,000 | $103,750 | 5.91% | 25% | 0% |
| MD | 7 | $1.0M | $146,429 | 6.81% | 44% | 0% |
| IL | 7 | $555,000 | $79,286 | 9.41% | 38% | 0% |
| WV | 6 | $980,000 | $163,333 | 5.87% | 22% | 0% |
| GA | 5 | $775,000 | $155,000 | 8.43% | 39% | 0% |
| OR | 4 | $9.1M | $2,265,000 | 6.46% | 44% | 0% |
| MO | 4 | $470,000 | $117,500 | 7.93% | 50% | 0% |
| NM | 4 | $590,000 | $147,500 | 7.56% | 27% | 0% |
| CO | 3 | $235,000 | $78,333 | 8.52% | 56% | 0% |
| NY | 2 | $120,000 | $60,000 | 7.63% | 50% | 0% |
| AR | 2 | $170,000 | $85,000 | 6.94% | 0% | 0% |
| KS | 1 | $135,000 | $135,000 | 6.99% | 50% | 0% |
| ND | 1 | $55,000 | $55,000 | 8.13% | 0% | 0% |
| LA | 1 | $65,000 | $65,000 | 7% | 0% | 0% |
| NH | 1 | $105,000 | $105,000 | 5.99% | 0% | 0% |
| IA | 1 | $2.5M | $2,495,000 | 4.5% | 0% | n/a |
| UT | 1 | $65,000 | $65,000 | 5.99% | 0% | 0% |
| WI | 1 | $35,000 | $35,000 | 11% | 50% | 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.