Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › M&T BANK
M&T BANK
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
93
+36.8% vs 2024Originations
$7.3M
Loans x average loanAverage loan
$78,871
Average interest rate
6.29%
Denial rate
48%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 214 | 93 | $7.3M | $78,871 | 6.29% | 48% | 0% |
| 2024 | 169 | 68 | $51.3M | $755,000 | 8.55% | 51% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| PA | 27 | $1.8M | $65,370 | 6.48% | 42% | 0% |
| NY | 25 | $1.4M | $55,400 | 6.21% | 46% | 0% |
| DE | 21 | $1.5M | $73,571 | 6.38% | 40% | 0% |
| MD | 5 | $305,000 | $61,000 | 7.14% | 56% | 0% |
| VT | 4 | $370,000 | $92,500 | 6.44% | 50% | 0% |
| VA | 2 | $210,000 | $105,000 | 7.82% | 71% | 0% |
| WA | 2 | $670,000 | $335,000 | 3.88% | 0% | 0% |
| NH | 1 | $105,000 | $105,000 | 7.84% | 80% | 0% |
| IN | 1 | $95,000 | $95,000 | 4.5% | 50% | 0% |
| KY | 1 | $45,000 | $45,000 | 6.13% | 0% | 0% |
| MA | 1 | $55,000 | $55,000 | 5.99% | 50% | 0% |
| MO | 1 | $205,000 | $205,000 | 3.23% | 0% | 0% |
| CA | 1 | $485,000 | $485,000 | 2.88% | 50% | 0% |
| NV | 1 | $95,000 | $95,000 | 5.38% | 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.