Market insights
What the data says about manufactured home communities, lending and ownership.
2025 annual HMDA filings, loaded Nov 9, 2026. HMDA is published once a year.
Loans originated (2025)
1,004
-4.6% vs 2024Originations
$817.9M
+370.5% vs 2024Average loan
$814,671
158 lendersAverage interest rate
9.12%
Denial rate
47%
Home only share
59%
Loans originated by year in IA
Top manufactured home lenders in IA
Select a column heading to re-rank. Select a lender to analyze it. Originations are inferred as loans times average loan. Showing the 100 largest lenders.
| # | |||||||
|---|---|---|---|---|---|---|---|
| 1 | 21ST MORTGAGE | 266 | $21.4M | $80,602 | 11.25% | 57% | 99% |
| 2 | GREENSTATE CREDIT UNION | 143 | $10.5M | $73,252 | 8.54% | 39% | 72% |
| 3 | Performance Equity Partners, Inc. | 39 | $1.5M | $37,821 | 13.29% | 69% | 100% |
| 4 | Zippy Loans, LLC | 30 | $1.5M | $50,000 | 10.2% | 33% | 100% |
| 5 | Community 1st Credit Union | 22 | $1.9M | $85,455 | 6.17% | 4% | 0% |
| 6 | TRIAD FINANCIAL SERVICES, INC. | 16 | $1.5M | $91,875 | 9.9% | 80% | 94% |
| 7 | NORTHWEST BANK | 16 | $2.2M | $135,625 | 7.81% | 14% | 38% |
| 8 | VERIDIAN CREDIT UNION | 14 | $2.3M | $163,571 | 6.1% | 14% | 0% |
| 9 | Fairfax State Savings Bank | 14 | $370,000 | $26,429 | n/a | 19% | n/a |
| 10 | United Wholesale Mortgage | 14 | $2.5M | $179,286 | 6.43% | 10% | 0% |
| 11 | ROCKET MORTGAGE | 13 | $2.2M | $166,538 | 6.71% | 61% | 0% |
| 12 | IOWA BANKERS MORTGAGE CORPORATION | 12 | $1.8M | $148,333 | 6.6% | 35% | 0% |
| 13 | FARM CREDIT MID-AMERICA, ACA | 12 | $4.8M | $399,167 | 7.15% | 15% | 0% |
| 14 | Central State Bank | 11 | $935,000 | $85,000 | n/a | 33% | n/a |
| 15 | NEW AMERICAN FUNDING, LLC. | 11 | $1.9M | $172,273 | 7% | 6% | 0% |
| 16 | US BANK, N.A. | 11 | $1.3M | $114,091 | 7.23% | 43% | 0% |
| 17 | Credit Human Federal Credit Un | 11 | $605,000 | $55,000 | 8.73% | 63% | 100% |
| 18 | American State Bank | 10 | $990,000 | $99,000 | n/a | 0% | n/a |
| 19 | Mortgage Research Center | 9 | $1.4M | $155,000 | 6.58% | 17% | 0% |
| 20 | GUILD MORTGAGE COMPANY | 8 | $1.1M | $132,500 | 6.88% | 0% | 0% |
| 21 | Park Lane Finance SolutionsLLC | 8 | $490,000 | $61,250 | 11.16% | 36% | 100% |
| 22 | MIDWESTONE BANK | 7 | $1.3M | $183,571 | 7.82% | 22% | 25% |
| 23 | Washington State Bank | 6 | $480,000 | $80,000 | n/a | 14% | n/a |
| 24 | MARINE CREDIT UNION | 6 | $470,000 | $78,333 | 8.7% | 18% | 0% |
| 25 | First Interstate Bank | 6 | $420,000 | $70,000 | 7.96% | 14% | 0% |
| 26 | GERSHMAN INVESTMENT CORP. | 6 | $1.3M | $216,667 | 6.37% | 0% | 0% |
| 27 | FLAT BRANCH MORTGAGE, INC. | 6 | $1.4M | $230,000 | 6.62% | 0% | 0% |
| 28 | CUSB Bank | 6 | $600,000 | $100,000 | n/a | 33% | n/a |
| 29 | Luana Savings Bank | 6 | $1.3M | $221,667 | 6.12% | 0% | 40% |
| 30 | ARK-LA-TEX FINANCIAL SERVICES LLC | 6 | $940,000 | $156,667 | 6.75% | 0% | 0% |
| 31 | GREAT SOUTHERN BANK | 6 | $570,000 | $95,000 | 7.67% | 25% | 0% |
| 32 | BTC Bank | 6 | $520,000 | $86,667 | n/a | 0% | 0% |
| 33 | HILLS BANK AND TRUST COMPANY | 5 | $515,000 | $103,000 | 6.35% | 17% | 60% |
| 34 | Navy Federal Credit Union | 5 | $565,000 | $113,000 | 6.83% | 25% | 0% |
| 35 | Rivers Edge Bank | 5 | $325,000 | $65,000 | n/a | 0% | n/a |
| 36 | HOMESERVICES LENDING LLC | 5 | $385,000 | $77,000 | 6.38% | 0% | 0% |
| 37 | Peoples Savings Bank | 5 | $1.0M | $201,000 | n/a | 17% | n/a |
| 38 | GUARANTEED RATE, INC. | 5 | $835,000 | $167,000 | 6.4% | 17% | 0% |
| 39 | Peoples State Bank | 5 | $435,000 | $87,000 | n/a | 17% | n/a |
| 40 | FIRST CENTRAL STATE BANK | 4 | $300,000 | $75,000 | n/a | 0% | n/a |
| 41 | Primebank | 4 | $410,000 | $102,500 | n/a | 0% | n/a |
| 42 | CENTRAL BANK | 4 | $690,000 | $172,500 | 6.81% | 14% | 25% |
| 43 | GREEN BELT BANK & TRUST | 4 | $220,000 | $55,000 | n/a | 0% | n/a |
| 44 | PENNYMAC LOAN SERVICES LLC | 4 | $690,000 | $172,500 | 6.19% | 0% | 0% |
| 45 | WEST GATE BANK | 4 | $640,000 | $160,000 | 6.47% | 0% | 0% |
| 46 | loanDepot.com LLC | 4 | $590,000 | $147,500 | 6.97% | 38% | 0% |
| 47 | FIRST FEDERAL CREDIT UNION | 4 | $90,000 | $22,500 | 9.36% | 54% | 100% |
| 48 | Bank Iowa | 4 | $560,000 | $140,000 | 6.44% | 44% | 0% |
| 49 | American Financial Resources LLC | 3 | $395,000 | $131,667 | 7.13% | 25% | 0% |
| 50 | Community Choice Credit Union | 3 | $485,000 | $161,667 | 6.25% | 25% | 0% |
| 51 | South Story Bank & Trust | 3 | $795,000 | $265,000 | n/a | 0% | n/a |
| 52 | Midwest Heritage Bank FSB | 3 | $295,000 | $98,333 | n/a | 33% | n/a |
| 53 | CITIZENS STATE BANK | 3 | $145,000 | $48,333 | n/a | 0% | n/a |
| 54 | FNB BANK | 3 | $755,000 | $251,667 | n/a | 0% | n/a |
| 55 | BMO Harris Bank NA | 3 | $275,000 | $91,667 | 9.14% | 29% | 0% |
| 56 | BANKIOWA | 3 | $295,000 | $98,333 | n/a | 0% | n/a |
| 57 | CBI Bank & Trust | 3 | $75,000 | $25,000 | 7.5% | 50% | 0% |
| 58 | BANKWEST, INC. | 3 | $225,000 | $75,000 | 8.42% | 45% | 100% |
| 59 | AMERICAN STATE BANK | 3 | $505,000 | $168,333 | n/a | 0% | n/a |
| 60 | Shelby County State Bank | 3 | $385,000 | $128,333 | n/a | 0% | n/a |
| 61 | FARMERS & MERCHANTS STATE BANK | 3 | $215,000 | $71,667 | n/a | 0% | n/a |
| 62 | NEWREZ LLC | 3 | $675,000 | $225,000 | 6.46% | 20% | 0% |
| 63 | Leighton State Bank | 3 | $185,000 | $61,667 | n/a | 0% | n/a |
| 64 | Availa Bank | 3 | $415,000 | $138,333 | n/a | 0% | n/a |
| 65 | Fidelity Bank & Trust | 3 | $505,000 | $168,333 | 6.28% | 25% | 0% |
| 66 | Farmers State Bank | 3 | $355,000 | $118,333 | 7.54% | 0% | 33% |
| 67 | CROSSCOUNTRY MORTGAGE, LLC | 2 | $280,000 | $140,000 | 6.5% | 0% | 0% |
| 68 | Keystone Savings Bank | 2 | $290,000 | $145,000 | n/a | 0% | n/a |
| 69 | Raccoon Valley Bank | 2 | $330,000 | $165,000 | n/a | 0% | n/a |
| 70 | LAND HOME FINANCIAL SERVICES, | 2 | $520,000 | $260,000 | 6.69% | 0% | 0% |
| 71 | OHNWARD BANK AND TRUST | 2 | $20,000 | $10,000 | n/a | 0% | n/a |
| 72 | FIRST COMMUNITY MORTGAGE, INC. | 2 | $670,000 | $335,000 | 6.81% | 0% | 0% |
| 73 | First State Bank | 2 | $170,000 | $85,000 | n/a | 0% | n/a |
| 74 | Barrington Bank & Trust Company, N.A. | 2 | $310,000 | $155,000 | 6.69% | 33% | 0% |
| 75 | Five Star Bank | 2 | $4.1M | $2,065,000 | n/a | 0% | n/a |
| 76 | Chartwell Financial, LLC | 2 | $80,000 | $40,000 | 12.31% | 0% | 100% |
| 77 | Flanagan State Bank | 2 | $350,000 | $175,000 | 6.38% | 0% | 0% |
| 78 | GNB BANK | 2 | $230,000 | $115,000 | n/a | 0% | n/a |
| 79 | Fidelity Bank | 2 | $510,000 | $255,000 | n/a | 60% | n/a |
| 80 | LOWER, LLC | 2 | $490,000 | $245,000 | 6.49% | 0% | 0% |
| 81 | Malvern Bank | 2 | $170,000 | $85,000 | n/a | 0% | n/a |
| 82 | COMMUNITY SAVINGS BANK | 2 | $40,000 | $20,000 | n/a | 33% | n/a |
| 83 | FRONTIER BANK | 2 | $570,000 | $285,000 | n/a | 0% | n/a |
| 84 | Empeople Credit Union | 2 | $250,000 | $125,000 | 6.55% | 25% | 0% |
| 85 | Chelsea Savings Bank | 2 | $180,000 | $90,000 | n/a | 0% | n/a |
| 86 | TWO RIVERS BANK & TRUST | 2 | $60,000 | $30,000 | 7.5% | 25% | 0% |
| 87 | Centris Federal Credit Union | 2 | $120,000 | $60,000 | 6.12% | 25% | 0% |
| 88 | Atkins Savings Bank & Trust | 2 | $660,000 | $330,000 | n/a | 0% | n/a |
| 89 | City State Bank | 2 | $160,000 | $80,000 | n/a | 25% | n/a |
| 90 | TS Bank | 2 | $1.8M | $910,000 | n/a | 0% | n/a |
| 91 | COMPASS MORTGAGE, INC. | 2 | $450,000 | $225,000 | 6.37% | 0% | 0% |
| 92 | THE SECURITY NATIONAL BANK OF SIOUX CITY, IOWA | 2 | $180,000 | $90,000 | n/a | 33% | n/a |
| 93 | Glenwood State Bank | 2 | $80,000 | $40,000 | n/a | 0% | n/a |
| 94 | State Savings Bank | 2 | $210,000 | $105,000 | n/a | 33% | n/a |
| 95 | CARDINAL FINANCIAL COMPANY, LI | 2 | $400,000 | $200,000 | 7.13% | 0% | 0% |
| 96 | FIRST BANK | 2 | $120,000 | $60,000 | n/a | 0% | n/a |
| 97 | Serve Credit Union | 1 | $45,000 | $45,000 | 7.55% | 0% | 0% |
| 98 | First State Bank Southwest | 1 | $85,000 | $85,000 | n/a | 0% | n/a |
| 99 | Security State Bank | 1 | $105,000 | $105,000 | n/a | 0% | n/a |
| 100 | Dundee Bank | 1 | $425,000 | $425,000 | 7% | 0% | 0% |
Data source: Home Mortgage Disclosure Act (HMDA). Public data published by the FFIEC and CFPB, covering loans reported with a manufactured home construction method. The public data is released once a year, so the latest year shown is the most recent full year of filings. Only the largest lenders report quarterly, and those figures are not published by lender. HMDA covers lenders above reporting thresholds, so very small lenders may be missing. Average rate is across loans that reported a rate. Denial rate is denied applications divided by all applications. Home only loans are secured by the home without the land, which is typical in land lease communities. This is informational, not a recommendation of any lender.