Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › MSU FEDERAL CREDIT UNION
MSU FEDERAL CREDIT UNION
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
14
-30.0% vs 2024Originations
$1.7M
Loans x average loanAverage loan
$122,143
Average interest rate
7.88%
Denial rate
32%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 66 | 14 | $1.7M | $122,143 | 7.88% | 32% | 0% |
| 2024 | 54 | 20 | $2.5M | $123,500 | 7.69% | 26% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MI | 14 | $1.7M | $122,143 | 7.88% | 31% | 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.