Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › KEYBANK NATIONAL ASSOCIATION
KEYBANK NATIONAL ASSOCIATION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
100
-27.5% vs 2024Originations
$44.9M
Loans x average loanAverage loan
$449,000
Average interest rate
7.87%
Denial rate
38%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 254 | 100 | $44.9M | $449,000 | 7.87% | 38% | 0% |
| 2024 | 311 | 138 | $24.0M | $173,768 | 9.51% | 39% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WA | 32 | $5.8M | $180,938 | 7.84% | 43% | 0% |
| OR | 23 | $4.6M | $201,522 | 7.43% | 27% | 0% |
| NY | 10 | $730,000 | $73,000 | 10.29% | 39% | 0% |
| ME | 7 | $715,000 | $102,143 | 8.4% | 44% | 0% |
| OH | 7 | $545,000 | $77,857 | 8.37% | 24% | 0% |
| ID | 6 | $720,000 | $120,000 | 7.19% | 40% | 0% |
| NC | 3 | $22.0M | $7,338,333 | 6.58% | 0% | n/a |
| IN | 3 | $245,000 | $81,667 | 7.07% | 33% | 0% |
| PA | 3 | $405,000 | $135,000 | 6.38% | 29% | 0% |
| CO | 2 | $560,000 | $280,000 | 6.13% | 60% | 0% |
| UT | 1 | $25,000 | $25,000 | 10.79% | 67% | 0% |
| MI | 1 | $85,000 | $85,000 | 6.5% | 50% | 0% |
| SC | 1 | $5.4M | $5,425,000 | 6.75% | 0% | n/a |
| NJ | 1 | $3.0M | $3,005,000 | 5.85% | 0% | n/a |
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.