Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › BLACK HILLS FEDERAL CREDIT UNION
BLACK HILLS FEDERAL CREDIT UNION
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
24
-52.9% vs 2024Originations
$3.6M
Loans x average loanAverage loan
$150,417
Average interest rate
7.66%
Denial rate
40%
Home only share
33%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 58 | 24 | $3.6M | $150,417 | 7.66% | 40% | 33% |
| 2024 | 118 | 51 | $6.4M | $125,784 | 8.17% | 38% | 16% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| SD | 23 | $3.6M | $154,565 | 7.62% | 39% | 30% |
| WY | 1 | $55,000 | $55,000 | 8.54% | 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.