Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › EASTMAN CREDIT UNION
EASTMAN CREDIT UNION
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
249
-14.1% vs 2024Originations
$30.6M
Loans x average loanAverage loan
$122,791
Average interest rate
7.91%
Denial rate
35%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 499 | 249 | $30.6M | $122,791 | 7.91% | 35% | 0% |
| 2024 | 572 | 290 | $37.8M | $130,207 | 8.06% | 27% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| TN | 165 | $19.5M | $118,394 | 7.85% | 32% | 0% |
| VA | 62 | $8.2M | $131,452 | 8.07% | 38% | 0% |
| TX | 16 | $2.0M | $126,875 | 7.97% | 38% | 0% |
| NC | 2 | $320,000 | $160,000 | 7.56% | 63% | 0% |
| WV | 1 | $135,000 | $135,000 | 7.75% | 50% | 0% |
| MS | 1 | $115,000 | $115,000 | 7.5% | 0% | 0% |
| SC | 1 | $245,000 | $245,000 | 7.63% | 0% | 0% |
| KY | 1 | $45,000 | $45,000 | 8% | 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.