Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › The Northwestern Mutual Life Insurance Company
The Northwestern Mutual Life Insurance Company
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
7
+40.0% vs 2024Originations
$210.3M
Loans x average loanAverage loan
$30,040,714
Average interest rate
5.34%
Denial rate
0%
Home only share
n/a
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 7 | 7 | $210.3M | $30,040,714 | 5.34% | 0% | n/a |
| 2024 | 6 | 5 | $194.5M | $38,895,000 | 5.83% | 0% | n/a |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| CA | 5 | $151.8M | $30,355,000 | 5.31% | 0% | n/a |
| FL | 1 | $43.0M | $43,005,000 | 5.41% | 0% | n/a |
| RI | 1 | $15.5M | $15,505,000 | 5.47% | 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.