Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › GREENWOOD CREDIT UNION
GREENWOOD CREDIT UNION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
251
-20.1% vs 2024Originations
$20.2M
Loans x average loanAverage loan
$80,458
Average interest rate
8.88%
Denial rate
7%
Home only share
100%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 274 | 251 | $20.2M | $80,458 | 8.88% | 7% | 100% |
| 2024 | 553 | 314 | $24.6M | $78,185 | 8.93% | 37% | 99% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NY | 53 | $4.2M | $79,717 | 9.2% | 4% | 100% |
| MI | 41 | $2.3M | $55,488 | 9.09% | 9% | 100% |
| AZ | 40 | $3.0M | $74,750 | 8.65% | 2% | 100% |
| PA | 20 | $1.6M | $81,000 | 9.02% | 13% | 100% |
| WA | 14 | $1.6M | $116,429 | 8.45% | 0% | 100% |
| RI | 13 | $1.4M | $106,538 | 8.12% | 24% | 92% |
| NJ | 12 | $1.1M | $95,833 | 8.86% | 0% | 100% |
| OH | 9 | $395,000 | $43,889 | 8.71% | 0% | 100% |
| CT | 8 | $510,000 | $63,750 | 8.49% | 33% | 100% |
| DE | 7 | $1.1M | $162,143 | 9.56% | 0% | 100% |
| OR | 6 | $370,000 | $61,667 | 8.62% | 0% | 100% |
| ME | 6 | $480,000 | $80,000 | 8.87% | 0% | 100% |
| NH | 5 | $595,000 | $119,000 | 9.14% | 0% | 100% |
| MA | 5 | $575,000 | $115,000 | 9.64% | 0% | 100% |
| CO | 4 | $330,000 | $82,500 | 8.24% | 0% | 100% |
| SC | 4 | $320,000 | $80,000 | 7.68% | 0% | 100% |
| VA | 2 | $130,000 | $65,000 | 9.24% | 0% | 100% |
| IN | 1 | $25,000 | $25,000 | 8.99% | 0% | 100% |
| ID | 1 | $55,000 | $55,000 | 8.24% | 0% | 100% |
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.