Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Pelican State Credit Union
Pelican State Credit Union
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
16
+14.3% vs 2024Originations
$950,000
Loans x average loanAverage loan
$59,375
Average interest rate
8.87%
Denial rate
5%
Home only share
13%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 20 | 16 | $950,000 | $59,375 | 8.87% | 5% | 13% |
| 2024 | 14 | 14 | $690,000 | $49,286 | 8.84% | 0% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| LA | 15 | $885,000 | $59,000 | 8.9% | 5% | 13% |
| MS | 1 | $65,000 | $65,000 | 8.5% | 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.