Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › FIRST FEDERAL CREDIT UNION
FIRST FEDERAL CREDIT UNION
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
4
+33.3% vs 2024Originations
$90,000
Loans x average loanAverage loan
$22,500
Average interest rate
9.36%
Denial rate
54%
Home only share
100%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 13 | 4 | $90,000 | $22,500 | 9.36% | 54% | 100% |
| 2024 | 7 | 3 | $85,000 | $28,333 | 12.75% | 29% | 33% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| IA | 4 | $90,000 | $22,500 | 9.36% | 54% | 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.