Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Navy Federal Credit Union
Navy Federal Credit Union
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
1,068
+5.8% vs 2024Originations
$203.3M
Loans x average loanAverage loan
$190,375
Average interest rate
6.92%
Denial rate
35%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 3,034 | 1,068 | $203.3M | $190,375 | 6.92% | 35% | 0% |
| 2024 | 2,876 | 1,009 | $178.3M | $176,705 | 7.14% | 36% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 163 | $27.0M | $165,675 | 7% | 28% | 0% |
| FL | 145 | $26.3M | $181,276 | 6.87% | 32% | 0% |
| WA | 83 | $21.9M | $263,313 | 7.12% | 40% | 0% |
| TX | 63 | $12.7M | $201,190 | 6.64% | 34% | 0% |
| AZ | 60 | $10.6M | $177,167 | 6.8% | 36% | 0% |
| CA | 49 | $10.9M | $222,551 | 7.4% | 39% | 0% |
| GA | 49 | $7.8M | $158,469 | 7.37% | 40% | 0% |
| SC | 47 | $8.1M | $173,298 | 7.1% | 39% | 0% |
| TN | 41 | $7.9M | $193,780 | 6.65% | 31% | 0% |
| VA | 29 | $5.5M | $188,103 | 6.99% | 42% | 0% |
| OR | 27 | $7.3M | $270,556 | 6.44% | 27% | 0% |
| MI | 23 | $4.3M | $186,304 | 6.51% | 31% | 0% |
| OK | 22 | $3.0M | $138,182 | 6.66% | 20% | 0% |
| KY | 22 | $4.1M | $187,273 | 6.55% | 24% | 0% |
| CO | 21 | $6.2M | $296,905 | 6.75% | 39% | 0% |
| AL | 21 | $3.2M | $153,095 | 7.02% | 35% | 0% |
| MO | 20 | $4.1M | $207,000 | 6.58% | 27% | 0% |
| NM | 19 | $3.9M | $207,105 | 6.74% | 22% | 0% |
| AR | 17 | $2.6M | $152,647 | 6.99% | 33% | 0% |
| MS | 13 | $1.5M | $116,538 | 6.87% | 31% | 0% |
| IN | 13 | $2.3M | $180,385 | 6.52% | 43% | 0% |
| MT | 12 | $3.3M | $270,833 | 6.56% | 22% | 0% |
| LA | 12 | $1.7M | $145,000 | 6.88% | 38% | 0% |
| PA | 11 | $1.4M | $125,000 | 7.31% | 37% | 0% |
| NV | 10 | $1.8M | $179,000 | 6.9% | 39% | 0% |
| ME | 10 | $2.1M | $214,000 | 6.88% | 29% | 0% |
| OH | 10 | $2.0M | $204,000 | 7% | 31% | 0% |
| WV | 10 | $1.5M | $146,000 | 6.7% | 23% | 0% |
| ID | 8 | $1.7M | $213,750 | 7.16% | 29% | 0% |
| NY | 5 | $895,000 | $179,000 | 6.83% | 61% | 0% |
| MD | 5 | $545,000 | $109,000 | 7.89% | 58% | 0% |
| IA | 5 | $565,000 | $113,000 | 6.83% | 25% | 0% |
| WI | 4 | $850,000 | $212,500 | 6.66% | 36% | 0% |
| KS | 4 | $460,000 | $115,000 | 7.53% | 38% | 0% |
| DE | 3 | $265,000 | $88,333 | 9.19% | 40% | 0% |
| VT | 2 | $280,000 | $140,000 | 7% | 50% | 0% |
| NH | 2 | $690,000 | $345,000 | 5.94% | 70% | 0% |
| IL | 2 | $210,000 | $105,000 | 7.19% | 50% | 0% |
| ND | 2 | $230,000 | $115,000 | 6.69% | 33% | 0% |
| MN | 2 | $500,000 | $250,000 | 6.38% | 40% | 0% |
| SD | 1 | $545,000 | $545,000 | 5.88% | 75% | 0% |
| WY | 1 | $385,000 | $385,000 | 6.25% | 33% | 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.