Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › VERVE, A CREDIT UNION
VERVE, A CREDIT UNION
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
13
+160.0% vs 2024Originations
$1.7M
Loans x average loanAverage loan
$132,692
Average interest rate
6.8%
Denial rate
14%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 21 | 13 | $1.7M | $132,692 | 6.8% | 14% | 0% |
| 2024 | 9 | 5 | $355,000 | $71,000 | 8.05% | 22% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| WI | 12 | $1.6M | $135,833 | 6.8% | 15% | 0% |
| MN | 1 | $95,000 | $95,000 | 6.74% | 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.