Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › DESCO FEDERAL CREDIT UNION
DESCO FEDERAL CREDIT UNION
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
8
+14.3% vs 2024Originations
$650,000
Loans x average loanAverage loan
$81,250
Average interest rate
7.81%
Denial rate
33%
Home only share
25%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 15 | 8 | $650,000 | $81,250 | 7.81% | 33% | 25% |
| 2024 | 21 | 7 | $665,000 | $95,000 | 8.39% | 52% | 14% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| OH | 6 | $360,000 | $60,000 | 8.29% | 40% | 33% |
| KY | 2 | $290,000 | $145,000 | 6.38% | 20% | 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.