Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Michigan One Community Credit Union
Michigan One Community Credit Union
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
13
-27.8% vs 2024Originations
$795,000
Loans x average loanAverage loan
$61,154
Average interest rate
7.45%
Denial rate
19%
Home only share
15%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 16 | 13 | $795,000 | $61,154 | 7.45% | 19% | 15% |
| 2024 | 19 | 18 | $1.2M | $68,889 | 8.12% | 5% | 17% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MI | 13 | $795,000 | $61,154 | 7.45% | 19% | 15% |
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.