Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Ignite Credit Union
Ignite Credit Union
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
26
+73.3% vs 2024Originations
$2.0M
Loans x average loanAverage loan
$76,538
Average interest rate
7.13%
Denial rate
11%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 38 | 26 | $2.0M | $76,538 | 7.13% | 11% | 0% |
| 2024 | 18 | 15 | $815,000 | $54,333 | 6.9% | 17% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MI | 26 | $2.0M | $76,538 | 7.13% | 11% | 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.