Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Ruoff Mortgage Company
Ruoff Mortgage Company
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
278
+4.5% vs 2024Originations
$46.1M
Loans x average loanAverage loan
$166,007
Average interest rate
6.99%
Denial rate
8%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 397 | 278 | $46.1M | $166,007 | 6.99% | 8% | 0% |
| 2024 | 501 | 266 | $42.0M | $157,970 | 6.91% | 12% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IN | 204 | $33.0M | $161,912 | 7.02% | 6% | 0% |
| MI | 28 | $4.9M | $175,000 | 6.84% | 10% | 0% |
| OH | 20 | $4.0M | $202,500 | 7.03% | 0% | 0% |
| KY | 11 | $1.8M | $167,727 | 6.56% | 22% | 0% |
| IL | 6 | $810,000 | $135,000 | 7.23% | 14% | 0% |
| AL | 2 | $400,000 | $200,000 | 6.56% | 0% | 0% |
| FL | 2 | $270,000 | $135,000 | 7% | 25% | 0% |
| NC | 2 | $500,000 | $250,000 | 6.63% | 0% | 0% |
| TN | 1 | $105,000 | $105,000 | 10.38% | 33% | 0% |
| VA | 1 | $65,000 | $65,000 | 6.5% | 0% | 0% |
| WV | 1 | $175,000 | $175,000 | 7.38% | 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.