Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Island Federal Credit Union
Island Federal Credit Union
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
8
-50.0% vs 2024Originations
$1.1M
Loans x average loanAverage loan
$140,000
Average interest rate
8.13%
Denial rate
15%
Home only share
100%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 13 | 8 | $1.1M | $140,000 | 8.13% | 15% | 100% |
| 2024 | 21 | 16 | $2.2M | $138,750 | 7.25% | 19% | 100% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NY | 8 | $1.1M | $140,000 | 8.13% | 15% | 100% |
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.