Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › NorthCountry Federal Credit Union
NorthCountry Federal Credit Union
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
101
+3.1% vs 2024Originations
$8.4M
Loans x average loanAverage loan
$83,416
Average interest rate
7.73%
Denial rate
13%
Home only share
7%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 177 | 101 | $8.4M | $83,416 | 7.73% | 13% | 7% |
| 2024 | 201 | 98 | $7.9M | $80,612 | 8.1% | 22% | 10% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| VT | 99 | $8.1M | $81,465 | 7.73% | 12% | 7% |
| NY | 2 | $360,000 | $180,000 | 7.81% | 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.