Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Northern Credit Union
Northern Credit Union
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
26
-18.8% vs 2024Originations
$3.4M
Loans x average loanAverage loan
$132,308
Average interest rate
6.91%
Denial rate
19%
Home only share
4%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 48 | 26 | $3.4M | $132,308 | 6.91% | 19% | 4% |
| 2024 | 44 | 32 | $3.2M | $99,375 | 7.57% | 23% | 6% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NY | 26 | $3.4M | $132,308 | 6.91% | 19% | 4% |
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.