Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › The People's Credit Union
The People's Credit Union
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
46
-36.1% vs 2024Originations
$4.4M
Loans x average loanAverage loan
$95,217
Average interest rate
8.33%
Denial rate
16%
Home only share
91%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 55 | 46 | $4.4M | $95,217 | 8.33% | 16% | 91% |
| 2024 | 99 | 72 | $6.2M | $86,528 | 8.25% | 26% | 92% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NY | 36 | $3.2M | $88,889 | 8.4% | 10% | 92% |
| NJ | 7 | $935,000 | $133,571 | 8.04% | 30% | 100% |
| DE | 2 | $180,000 | $90,000 | 8.13% | 0% | 50% |
| RI | 1 | $65,000 | $65,000 | 8.38% | 50% | 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.