Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Flagstar Bank NA
Flagstar Bank NA
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
67
-89.7% vs 2024Originations
$13.2M
Loans x average loanAverage loan
$196,642
Average interest rate
6.71%
Denial rate
40%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 155 | 67 | $13.2M | $196,642 | 6.71% | 40% | 0% |
| 2024 | 1,081 | 649 | $138.4M | $213,274 | 6.63% | 31% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MI | 16 | $2.8M | $174,375 | 6.74% | 24% | 0% |
| AZ | 5 | $865,000 | $173,000 | 6.38% | 42% | 0% |
| CA | 4 | $860,000 | $215,000 | 6.47% | 72% | 0% |
| FL | 4 | $790,000 | $197,500 | 6.69% | 50% | 0% |
| TX | 4 | $1.1M | $270,000 | 6.75% | 38% | 0% |
| SC | 4 | $600,000 | $150,000 | 6.78% | 33% | 0% |
| OR | 4 | $1.6M | $390,000 | 7.09% | 33% | 0% |
| NC | 3 | $525,000 | $175,000 | 6.67% | 38% | 0% |
| WA | 3 | $825,000 | $275,000 | 6.46% | 33% | 0% |
| IN | 3 | $535,000 | $178,333 | 6.83% | 50% | 0% |
| WI | 2 | $300,000 | $150,000 | 6.81% | 25% | 0% |
| GA | 2 | $240,000 | $120,000 | 6.06% | 0% | 0% |
| LA | 2 | $260,000 | $130,000 | 6.69% | 0% | 0% |
| MN | 2 | $520,000 | $260,000 | 6.69% | 0% | 0% |
| MT | 1 | $275,000 | $275,000 | 7.5% | 0% | 0% |
| MO | 1 | $115,000 | $115,000 | 6.63% | 75% | 0% |
| OH | 1 | $45,000 | $45,000 | 7.38% | 0% | 0% |
| KY | 1 | $175,000 | $175,000 | 6.75% | 0% | 0% |
| KS | 1 | $225,000 | $225,000 | 6.75% | 33% | 0% |
| IL | 1 | $85,000 | $85,000 | 6.5% | 33% | 0% |
| VA | 1 | $95,000 | $95,000 | 7.13% | 0% | 0% |
| ID | 1 | $275,000 | $275,000 | 6.75% | 0% | 0% |
| AR | 1 | $135,000 | $135,000 | 7% | 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.