Market insights
What the data says about manufactured home communities, lending and ownership.
2025 annual HMDA filings, loaded Nov 9, 2026. HMDA is published once a year.
Loans originated (2025)
8,193
+0.7% vs 2024Originations
$1.33B
+39.2% vs 2024Average loan
$162,543
265 lendersAverage interest rate
8.46%
Denial rate
45%
Home only share
51%
Loans originated by year in MI
Top manufactured home lenders in MI
Select a column heading to re-rank. Select a lender to analyze it. Originations are inferred as loans times average loan. Showing the 100 largest lenders.
| # | |||||||
|---|---|---|---|---|---|---|---|
| 1 | 21ST MORTGAGE | 1,620 | $110.9M | $68,481 | 11.01% | 53% | 99% |
| 2 | TRIAD FINANCIAL SERVICES, INC. | 1,245 | $83.8M | $67,281 | 8.88% | 56% | 99% |
| 3 | Zippy Loans, LLC | 449 | $22.3M | $49,610 | 9.37% | 35% | 100% |
| 4 | United Wholesale Mortgage | 367 | $68.0M | $185,327 | 6.36% | 15% | 0% |
| 5 | ROCKET MORTGAGE | 330 | $53.9M | $163,212 | 6.58% | 38% | 0% |
| 6 | GREENSTATE CREDIT UNION | 299 | $20.0M | $67,007 | 8.82% | 46% | 100% |
| 7 | Lake Michigan Credit Union | 144 | $23.0M | $159,444 | 7.11% | 15% | 0% |
| 8 | Mortgage Research Center | 118 | $25.5M | $215,847 | 6.48% | 13% | 0% |
| 9 | UNION HOME MORTGAGE CORP. | 118 | $20.2M | $171,102 | 6.83% | 5% | 0% |
| 10 | First Choice MH LLC | 104 | $10.0M | $95,865 | 10.35% | 13% | 100% |
| 11 | Tammac Holdings Corporation | 99 | $6.7M | $67,424 | 10.55% | 77% | 100% |
| 12 | Huntington National Bank | 95 | $12.9M | $135,526 | 6.72% | 54% | 0% |
| 13 | Mercantile Bank | 83 | $11.0M | $133,072 | 7.25% | 23% | 0% |
| 14 | Frankenmuth Credit Union | 76 | $5.8M | $76,711 | 8.24% | 6% | 54% |
| 15 | Honor Credit Union | 76 | $7.6M | $100,263 | 7.37% | 23% | 0% |
| 16 | Fifth Third Bank, National Association | 75 | $9.7M | $129,400 | 6.48% | 52% | 0% |
| 17 | 4FRONT CREDIT UNION | 75 | $7.4M | $98,200 | 8.06% | 6% | 1% |
| 18 | Mortgage 1 Incorporated | 75 | $13.6M | $181,800 | 6.77% | 7% | 0% |
| 19 | VANDERBILT MORTGAGE AND FINANCE, INC | 72 | $14.6M | $202,917 | 11.03% | 55% | 86% |
| 20 | CROSSCOUNTRY MORTGAGE, LLC | 63 | $11.2M | $178,175 | 6.75% | 6% | 0% |
| 21 | NEWREZ LLC | 62 | $11.5M | $185,806 | 6.59% | 20% | 0% |
| 22 | Isabella Bank | 59 | $5.9M | $100,254 | 6.5% | 20% | 0% |
| 23 | STURGIS BANK & TRUST | 59 | $6.7M | $113,644 | 6.87% | 1% | 2% |
| 24 | GreenStone Farm Credit Services | 56 | $6.9M | $123,036 | 7.12% | 2% | 0% |
| 25 | DART BANK | 55 | $9.0M | $163,364 | 7.21% | 16% | 0% |
| 26 | Independent Bank | 54 | $6.0M | $111,852 | 7.11% | 25% | 0% |
| 27 | GUILD MORTGAGE COMPANY | 49 | $6.4M | $131,122 | 6.83% | 8% | 0% |
| 28 | Performance Equity Partners, Inc. | 47 | $2.3M | $49,468 | 13.14% | 64% | 100% |
| 29 | American Pacific Mortgage Corporation | 46 | $7.1M | $153,913 | 7.24% | 14% | 0% |
| 30 | loanDepot.com LLC | 46 | $6.2M | $134,565 | 6.81% | 31% | 0% |
| 31 | Consumers Credit Union | 42 | $6.0M | $142,143 | 6.68% | 4% | 0% |
| 32 | GREENWOOD CREDIT UNION | 41 | $2.3M | $55,488 | 9.09% | 9% | 100% |
| 33 | SUCCESS MORTGAGE PARTNERS, INC | 40 | $6.3M | $156,750 | 6.78% | 6% | 0% |
| 34 | ChoiceOne Bank | 40 | $4.3M | $106,500 | 7.16% | 25% | 0% |
| 35 | PNC BANK N.A. | 40 | $47.7M | $1,192,750 | 7.01% | 41% | 0% |
| 36 | Staunton Financial Inc | 39 | $7.1M | $182,436 | 6.75% | 12% | 0% |
| 37 | NEW AMERICAN FUNDING, LLC. | 39 | $5.7M | $147,308 | 7.01% | 13% | 0% |
| 38 | Carrington Mortgage Services LLC | 35 | $4.7M | $135,286 | 6.81% | 20% | 0% |
| 39 | COMMUNITY FINANCIAL | 33 | $2.5M | $77,121 | 7.89% | 23% | 0% |
| 40 | MICHIGAN MUTUAL, INC | 33 | $7.5M | $226,212 | 7.03% | 4% | 0% |
| 41 | HORIZON BANK | 32 | $3.7M | $116,875 | 7.24% | 22% | 10% |
| 42 | Legacy Mortgage | 32 | $4.9M | $153,125 | 6.81% | 6% | 0% |
| 43 | GVC MORTGAGE, INC. | 31 | $5.7M | $185,000 | 6.72% | 5% | 0% |
| 44 | Gerber Federal Credit Union | 30 | $2.2M | $72,667 | n/a | 22% | n/a |
| 45 | Ruoff Mortgage Company | 28 | $4.9M | $175,000 | 6.84% | 10% | 0% |
| 46 | MORTGAGE300 CORPORATION | 27 | $4.5M | $166,111 | 6.83% | 6% | 0% |
| 47 | AMERISAVE MORTGAGE COMPANY | 26 | $3.5M | $132,692 | 6.54% | 60% | 0% |
| 48 | ELGA Credit Union | 26 | $2.3M | $87,692 | 9.13% | 23% | 12% |
| 49 | Ignite Credit Union | 26 | $2.0M | $76,538 | 7.13% | 11% | 0% |
| 50 | FREEDOM MORTGAGE CORPORATION | 26 | $5.1M | $196,538 | 6.29% | 15% | 0% |
| 51 | FIRST MERCHANTS BANK | 26 | $15.4M | $594,231 | 6.94% | 13% | 0% |
| 52 | CREDIT UNION ONE | 25 | $3.0M | $119,400 | 7.55% | 27% | 0% |
| 53 | GUARANTEED RATE, INC. | 24 | $4.4M | $183,750 | 6.73% | 15% | 0% |
| 54 | United Federal Credit Union | 23 | $2.5M | $110,217 | 7.58% | 3% | 0% |
| 55 | Navy Federal Credit Union | 23 | $4.3M | $186,304 | 6.51% | 31% | 0% |
| 56 | American Financial Resources LLC | 23 | $3.9M | $171,522 | 6.68% | 3% | 0% |
| 57 | Nicolet National Bank | 22 | $2.9M | $131,818 | 7.81% | 9% | 0% |
| 58 | VanDyk Mortgage Corporation | 22 | $4.3M | $193,636 | 6.66% | 8% | 0% |
| 59 | Mutual of Omaha Mortgage | 21 | $3.2M | $152,143 | 6.39% | 25% | 0% |
| 60 | CARDINAL FINANCIAL COMPANY, LI | 21 | $3.3M | $157,381 | 7.12% | 8% | 0% |
| 61 | GENISYS CREDIT UNION | 20 | $2.0M | $102,000 | 7.92% | 23% | 0% |
| 62 | Mortgage Center LC | 20 | $3.3M | $163,000 | 6.53% | 23% | 0% |
| 63 | Park Lane Finance SolutionsLLC | 20 | $1.2M | $62,000 | 10.62% | 52% | 100% |
| 64 | EVERETT FINANCIAL, INC. | 19 | $3.0M | $158,158 | 7.09% | 6% | 0% |
| 65 | Members First Credit Union | 19 | $1.7M | $87,105 | 7.41% | 39% | 0% |
| 66 | PENNYMAC LOAN SERVICES LLC | 19 | $3.3M | $173,421 | 6.34% | 24% | 0% |
| 67 | ARBOR FINANCIAL CREDIT UNION | 19 | $2.6M | $138,684 | 6.84% | 13% | 0% |
| 68 | Southern Michigan Bank & Trust | 18 | $2.5M | $141,111 | n/a | 25% | n/a |
| 69 | Credit Human Federal Credit Un | 18 | $1.5M | $83,333 | 8.49% | 68% | 100% |
| 70 | BLG Holdings, LLC | 17 | $2.9M | $172,647 | 6.67% | 5% | 0% |
| 71 | COVANTAGE CREDIT UNION | 17 | $1.7M | $97,941 | 6.62% | 0% | 6% |
| 72 | TLC COMMUNITY CREDIT UNION | 16 | $1.2M | $73,750 | 7.23% | 11% | 0% |
| 73 | NATIONS LENDING CORPORATION | 16 | $2.5M | $157,500 | 6.15% | 18% | 0% |
| 74 | UNITED BANK OF MICHIGAN | 16 | $2.1M | $130,000 | n/a | 38% | n/a |
| 75 | Flagstar Bank NA | 16 | $2.8M | $174,375 | 6.74% | 24% | 0% |
| 76 | SUPERIOR NATIONAL BANK | 16 | $1.7M | $104,375 | 7.73% | 5% | 0% |
| 77 | Village Capital & Investment | 15 | $2.7M | $179,667 | 6.23% | 13% | 0% |
| 78 | RANGE BANK | 15 | $1.7M | $110,333 | n/a | 0% | n/a |
| 79 | Preferred Credit Union | 15 | $1.3M | $83,667 | 6.65% | 17% | 0% |
| 80 | Marshall Community Credit Union | 15 | $1.8M | $119,667 | 7.18% | 0% | 0% |
| 81 | TOWNE MORTGAGE COMPANY | 15 | $3.0M | $199,000 | 6.81% | 14% | 0% |
| 82 | CALCON MUTUAL MORTGAGE LLC | 14 | $2.8M | $202,857 | 6.76% | 5% | 0% |
| 83 | North Central Area Credit Union | 14 | $950,000 | $67,857 | 8.93% | 7% | 0% |
| 84 | MSU FEDERAL CREDIT UNION | 14 | $1.7M | $122,143 | 7.88% | 31% | 0% |
| 85 | FIRST COMMUNITY MORTGAGE, INC. | 14 | $2.6M | $187,143 | 6.76% | 8% | 0% |
| 86 | COUNTY NATIONAL BANK | 13 | $1.9M | $149,615 | n/a | 7% | n/a |
| 87 | MEMBER FIRST MORTGAGE, LLC | 13 | $2.1M | $161,154 | 6.99% | 8% | 0% |
| 88 | PLAZA HOME MORTGAGE, INC | 13 | $2.5M | $188,846 | 6.86% | 32% | 0% |
| 89 | PROSPERITY HOME MORTGAGE, LLC | 13 | $2.4M | $187,308 | 6.83% | 17% | 0% |
| 90 | Michigan One Community Credit Union | 13 | $795,000 | $61,154 | 7.45% | 19% | 15% |
| 91 | Equity Prime Mortgage LLC | 13 | $2.5M | $193,462 | 6.63% | 3% | 0% |
| 92 | PFCU | 12 | $1.1M | $95,833 | 7.58% | 6% | 0% |
| 93 | DORT FINANCIAL CREDIT UNION | 12 | $1.1M | $89,167 | 6.75% | 18% | 0% |
| 94 | AMERICAN FINANCIAL NETWORK, INC. | 11 | $2.1M | $189,545 | 6.73% | 13% | 0% |
| 95 | FIRST NATIONAL BANK OF AMERICA | 11 | $1.1M | $103,182 | 10.9% | 25% | 0% |
| 96 | Sidney State Bank | 11 | $1.3M | $119,545 | n/a | 8% | n/a |
| 97 | West Shore Bank | 11 | $1.4M | $130,455 | n/a | 12% | n/a |
| 98 | Top Flite Financial, Inc. | 11 | $1.6M | $147,727 | 6.97% | 12% | 0% |
| 99 | Gold Star Mortgage Financial Group, Corporation | 11 | $1.7M | $158,636 | 6.93% | 0% | 100% |
| 100 | CHURCHILL MORTGAGE CORPORATION | 11 | $2.1M | $193,182 | 6.25% | 0% | 9% |
Data source: Home Mortgage Disclosure Act (HMDA). Public data published by the FFIEC and CFPB, covering loans reported with a manufactured home construction method. The public data is released once a year, so the latest year shown is the most recent full year of filings. Only the largest lenders report quarterly, and those figures are not published by lender. HMDA covers lenders above reporting thresholds, so very small lenders may be missing. Average rate is across loans that reported a rate. Denial rate is denied applications divided by all applications. Home only loans are secured by the home without the land, which is typical in land lease communities. This is informational, not a recommendation of any lender.