Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › ALTRA FEDERAL CREDIT UNION
ALTRA FEDERAL CREDIT UNION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
46
+58.6% vs 2024Originations
$10.4M
Loans x average loanAverage loan
$225,870
Average interest rate
7.22%
Denial rate
4%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 55 | 46 | $10.4M | $225,870 | 7.22% | 4% | 0% |
| 2024 | 39 | 29 | $6.3M | $216,034 | 7.49% | 3% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| TN | 24 | $6.7M | $280,833 | 7.38% | 0% | 0% |
| WI | 8 | $1.4M | $181,250 | 6.98% | 0% | 0% |
| TX | 6 | $820,000 | $136,667 | 7.25% | 20% | 0% |
| MN | 4 | $880,000 | $220,000 | 6.81% | 0% | 0% |
| KY | 3 | $435,000 | $145,000 | 6.78% | 0% | 0% |
| IA | 1 | $65,000 | $65,000 | 7.88% | 0% | 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.