Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Credit Human Federal Credit Un
Credit Human Federal Credit Un
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
2,320
-7.2% vs 2024Originations
$257.9M
Loans x average loanAverage loan
$111,142
Average interest rate
8.49%
Denial rate
71%
Home only share
93%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 19,222 | 2,320 | $257.9M | $111,142 | 8.49% | 71% | 93% |
| 2024 | 21,582 | 2,500 | $271.4M | $108,564 | 8.79% | 73% | 95% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| CA | 453 | $64.6M | $142,660 | 8.74% | 45% | 97% |
| AZ | 321 | $31.1M | $96,745 | 8.47% | 36% | 75% |
| TX | 246 | $27.7M | $112,439 | 8.25% | 80% | 95% |
| FL | 160 | $15.9M | $99,438 | 8.4% | 61% | 84% |
| WA | 152 | $21.6M | $141,974 | 8.61% | 41% | 99% |
| PA | 125 | $10.7M | $85,400 | 8.61% | 43% | 99% |
| NY | 122 | $11.1M | $90,902 | 8.44% | 53% | 98% |
| OR | 112 | $11.8M | $105,536 | 8.55% | 51% | 96% |
| OK | 54 | $6.2M | $114,259 | 8.08% | 80% | 98% |
| DE | 46 | $5.3M | $114,348 | 8.49% | 26% | 87% |
| KY | 44 | $4.8M | $108,864 | 8.32% | 89% | 98% |
| NV | 36 | $3.2M | $88,889 | 8.48% | 71% | 89% |
| WV | 34 | $3.5M | $102,059 | 8.39% | 89% | 97% |
| IL | 34 | $2.9M | $84,706 | 8.8% | 63% | 100% |
| GA | 33 | $3.4M | $103,485 | 8.28% | 79% | 94% |
| OH | 32 | $2.7M | $83,125 | 8.45% | 82% | 94% |
| AR | 30 | $2.9M | $98,000 | 8.09% | 86% | 100% |
| SC | 26 | $2.8M | $108,846 | 8.17% | 85% | 96% |
| TN | 26 | $3.4M | $131,538 | 8.24% | 81% | 92% |
| LA | 24 | $1.9M | $79,583 | 8.13% | 86% | 100% |
| ID | 23 | $3.1M | $132,826 | 8.57% | 54% | 87% |
| AL | 20 | $2.4M | $118,500 | 8.11% | 75% | 90% |
| MI | 18 | $1.5M | $83,333 | 8.49% | 68% | 100% |
| WI | 17 | $1.1M | $62,647 | 8.29% | 67% | 100% |
| NC | 17 | $1.6M | $95,000 | 8.69% | 79% | 94% |
| NM | 15 | $1.7M | $112,333 | 7.99% | 81% | 100% |
| MS | 13 | $1.5M | $115,769 | 8.06% | 82% | 100% |
| UT | 13 | $1.2M | $89,615 | 8.4% | 52% | 100% |
| IN | 12 | $1.0M | $85,000 | 9.03% | 68% | 92% |
| MO | 11 | $985,000 | $89,545 | 8.25% | 83% | 91% |
| IA | 11 | $605,000 | $55,000 | 8.73% | 63% | 100% |
| MT | 9 | $935,000 | $103,889 | 8.67% | 58% | 89% |
| CO | 9 | $1.0M | $113,889 | 8.4% | 76% | 89% |
| MD | 7 | $645,000 | $92,143 | 8.46% | 74% | 100% |
| VA | 7 | $735,000 | $105,000 | 8.94% | 76% | 100% |
| WY | 3 | $195,000 | $65,000 | 8.53% | 64% | 67% |
| KS | 2 | $200,000 | $100,000 | 7.65% | 74% | 100% |
| MN | 1 | $55,000 | $55,000 | 8.7% | 86% | 100% |
| NE | 1 | $75,000 | $75,000 | 8.6% | 82% | 0% |
| SD | 1 | $55,000 | $55,000 | 8.4% | 75% | 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.