Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › BAXTER CREDIT UNION
BAXTER CREDIT UNION
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
51
-12.1% vs 2024Originations
$4.4M
Loans x average loanAverage loan
$86,373
Average interest rate
8.6%
Denial rate
49%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 151 | 51 | $4.4M | $86,373 | 8.6% | 49% | 0% |
| 2024 | 221 | 58 | $5.4M | $93,448 | 9.21% | 56% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IN | 6 | $390,000 | $65,000 | 9.14% | 11% | 0% |
| NC | 6 | $480,000 | $80,000 | 7.31% | 33% | 0% |
| TN | 5 | $605,000 | $121,000 | 8.3% | 44% | 0% |
| AR | 4 | $280,000 | $70,000 | 8.06% | 0% | 0% |
| FL | 4 | $140,000 | $35,000 | 9.49% | 53% | 0% |
| TX | 4 | $290,000 | $72,500 | 9.52% | 60% | 0% |
| GA | 3 | $245,000 | $81,667 | 8.79% | 20% | 0% |
| CA | 2 | $140,000 | $70,000 | 9.38% | 67% | 0% |
| SC | 2 | $520,000 | $260,000 | 6.44% | 60% | 0% |
| AZ | 2 | $100,000 | $50,000 | 9.22% | 50% | 0% |
| NM | 2 | $190,000 | $95,000 | 8.28% | 60% | 0% |
| VA | 2 | $250,000 | $125,000 | 10.04% | 25% | 0% |
| OR | 1 | $135,000 | $135,000 | 9.5% | 50% | 0% |
| PA | 1 | $135,000 | $135,000 | 6.13% | 50% | 0% |
| WA | 1 | $55,000 | $55,000 | 9.63% | 50% | 0% |
| IL | 1 | $75,000 | $75,000 | 8.75% | 67% | 0% |
| KY | 1 | $55,000 | $55,000 | 7% | 50% | 0% |
| ME | 1 | $205,000 | $205,000 | 6.75% | 25% | 0% |
| MO | 1 | $55,000 | $55,000 | 9.75% | 0% | 0% |
| NH | 1 | $35,000 | $35,000 | 10.25% | 67% | 0% |
| NV | 1 | $25,000 | $25,000 | 9.05% | 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.