Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › State Employees' Credit Union
State Employees' Credit Union
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
790
+9.7% vs 2024Originations
$108.7M
Loans x average loanAverage loan
$137,582
Average interest rate
5.77%
Denial rate
41%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 1,945 | 790 | $108.7M | $137,582 | 5.77% | 41% | 0% |
| 2024 | 1,697 | 720 | $90.5M | $125,736 | 5.96% | 41% | 0% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| NC | 775 | $106.0M | $136,781 | 5.77% | 42% | 0% |
| SC | 9 | $1.6M | $176,111 | 6.09% | 27% | 0% |
| TN | 3 | $635,000 | $211,667 | 5.74% | 20% | 0% |
| VA | 2 | $320,000 | $160,000 | 5.96% | 57% | 0% |
| GA | 1 | $145,000 | $145,000 | 6.2% | 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.