Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › RED CANOE CREDIT UNION
RED CANOE CREDIT UNION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
64
+36.2% vs 2024Originations
$8.0M
Loans x average loanAverage loan
$125,000
Average interest rate
7.69%
Denial rate
9%
Home only share
2%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 96 | 64 | $8.0M | $125,000 | 7.69% | 9% | 2% |
| 2024 | 82 | 47 | $4.3M | $90,532 | 8.23% | 15% | 2% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WA | 60 | $7.7M | $127,500 | 7.65% | 10% | 2% |
| OR | 4 | $350,000 | $87,500 | 8.25% | 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.