Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › OCEAN STATE CREDIT UNION
OCEAN STATE CREDIT UNION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
45
-4.3% vs 2024Originations
$5.5M
Loans x average loanAverage loan
$122,556
Average interest rate
7.12%
Denial rate
29%
Home only share
100%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 70 | 45 | $5.5M | $122,556 | 7.12% | 29% | 100% |
| 2024 | 69 | 47 | $5.7M | $120,319 | 7.56% | 25% | 100% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NH | 21 | $2.6M | $121,667 | 7.11% | 23% | 100% |
| MA | 8 | $1.4M | $175,000 | 7.41% | 43% | 100% |
| RI | 7 | $845,000 | $120,714 | 6.93% | 22% | 100% |
| ME | 5 | $415,000 | $83,000 | 6.85% | 40% | 100% |
| CT | 4 | $300,000 | $75,000 | 7.25% | 17% | 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.