Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › TRUE NORTH FEDERAL CREDIT UNION
TRUE NORTH FEDERAL CREDIT UNION
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
12
+50.0% vs 2024Originations
$1.7M
Loans x average loanAverage loan
$138,333
Average interest rate
6.9%
Denial rate
28%
Home only share
83%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 18 | 12 | $1.7M | $138,333 | 6.9% | 28% | 83% |
| 2024 | 14 | 8 | $800,000 | $100,000 | 7.44% | 29% | 100% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| AK | 12 | $1.7M | $138,333 | 6.9% | 28% | 83% |
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.